Tell me something I don’t know
Simply adding the ability to model variability is telling project
managers something they already know: including variability
and resource constraints often will produce less than favorable
project schedules. To be useful, the tool must provide the
ability to analyze and optimize the project plan, exposing
areas of opportunity for improvement in spite of future uncertainties
and constraints.
Project Simulator is that tool. It provides the scenario management
infrastructure that leads you to answers, not just the probability
of outcomes.
Project Simulator is the only scenario planning, simulation
and reporting tool designed for Microsoft Project.
Project Scenario Planning?
Project Simulator allows you to easily create scenarios. A scenario
represents a distinct, conceivable project future. Project
Simulator’s simulation engine simulates each scenario,
including future randomness.
Scenario planning enables you to understand the cause and effect
of the most uncertain and critical factors affecting your project
future. Exploring scenarios gives you visibility into the dynamics
of your project, allowing decision-makers to test their beliefs
about the way their project works. Scenario planning with simulation
allows you to stretch the envelope of your thinking in a risk-free
environment.
Given the impossibility of knowing precisely how the future
will play out, a good project strategy is one that executes well
against several possible scenarios. To find the optimal strategy,
multiple scenarios must be created, simulated and analyzed against
each other.
Strategies that have been analyzed with the range of future
uncertainty against multiple potential project futures are more
likely to stand the test of time. Project scenario planning with
simulation offers a distinct competitive advantage.
“Decisions which
have been pre-tested against a range of what fate may offer
are more likely to stand the test of time, produce robust
and resilient strategies, and create distinct competitive
advantage.”
For more information about Project Simulator please
call (800) 816-5338 or email PortfolioVAO@ProModel.com.
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