New South Wales, NY Australia (PressExposure) February 21, 2012 -- Project Simulation is used for project training and analysis for management purposes. It is often used as the training simulation for the project managers. In some cases it also incorporates that analysis of the various future situations that the project or any of its aspects might find itself in so that the best possible decision making can be executed in the real world situations. The project simulation is usually conducted through the software tools.
[http://www.pmworks.com.au/] believe that the Project simulation should be a training activity which should be based on interactive, group based learning offering as close as possible a resemblance to the real life situations. It focuses on imparting the students with the knowledge, skills and attitude that will ultimately boost the performance of the both the individual as well as the collective.
PM Works focuses on Project Simulation that confronts the trainees with the real world situations so that they can learn from their mistakes. They are thus able to see the consequences of the decisions that they make and themselves analyze the results to improve their performance. The project simulation exercises include the scope, costs, scheduling and the quality as well as the human factors which make it a very dynamic task and thus the trainees are faced with really difficult problems.
The aims of the PM Works project simulation are the following:
1. Determine the goals and objectives of a particular project or its components.
2. Estimation of costs
3. Planning the tasks of the project
4. Planning the resource pools
5. Controlling the progress of the project
6. Learning to make team decisions under stress and reacting appropriately in challenging situations.
Simulation based training has proved to be superior to other methods of training.
The main aim of the Project Simulation with PM Works is to analyze the real projects. It is important to show the user different probable outcomes of the decisions and how to handle the results thereafter. Typically, the Project Simulation will be modeled into a software tool in the beginning with some uncertain variables.