Project Simulator Frequently Asked Questions
Updated: February 1, 2005

Find answers to frequently asked questions (FAQ) about Project Simulator

On This Page:
General Project 2003 Information
Pricing and Licensing

Portfolio Simulator Frequently Asked Questions
Updated: February 1, 2005

General Information
Q. What is Project Simulator?
A. Project Simulator is a scenario planning, simulation and reporting add-in for Microsoft Project enabling project managers to rapidly visualize, analyze and optimize their project plans.

Q. What is Portfolio Simulator?
A. Portfolio Simulator is a full-featured, stand-alone application providing scenario planning, simulation and reporting technology, so your organization can visualize, analyze and optimize their future portfolio of projects.

Q. How do Project Simulator and Portfolio Simulator work together?
A. Project Simulator works seamlessly with Portfolio Simulator. Portfolio Simulator creates portfolios of your optimal, simulation-enhanced projects developed in Project Simulator. This allows you to simulate multiple projects and shared resources across the entire organization, as opposed to one at time, including portfolio sources of variability

Q. I already use a Monte Carlo Microsoft Project tool. Why do I need Project Simulator?
A. Monte Carlo is great at showing you the range of possible outcomes when varying input. Project Simulator, in addition to allowing you to vary numbers, contains a sophisticated scenario planning infrastructure allowing you to optimize your portfolio.

Unlike popular Monte Carlo tools for Microsoft Project, Project Simulator uses its own proprietary discrete event simulation and does not rely on the scheduling engine of Microsoft Project. The discrete event simulation engine can be customized to model your most unique business operations which Microsoft Project’s scheduling engine was not designed to handle.

Q. Which version of Microsoft Project do I need?
A. Project Simulator currently only supports Microsoft Project 2003.

Pricing and Licensing
Q. How much does Project Simulator cost and how is it licensed?
A. For more information about Project Simulator please call (800) 816-5338 or email PortfolioVAO@ProModel.com.

For more information about Project Simulator please call (800) 816-5338 or email PortfolioVAO@ProModel.com.