Project Management Simulations | Entrepreneurship Simulations

Milestone Testimonials

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Business Simulation

What are Students saying?

- Simulation game has provided me with the real life experience about how a Project manager performs his/her duties when it comes to manage or design a project and by taking all the aspect of the project.

- Risk management gives me an understanding of how to response to a potential risk related to a task. I had to respond to the risk reactively or proactively based on the assessment of the risk that was taking place and the relative expenses to that task.

- I also noticed that as the game progressed I had to adjust my plans based on the impact of in-game mystifying actions that are encounter, so as to alleviate or lessen its impact on the overall project plan.

- I found the simulation game very interesting and helpful for keeping track on a given project. It allows the project manager and all those involved to keep track on every aspect of the project. All tasks can be tracked on a timely manner and flags could be raised if any delays are likely to occur. Likewise, it is easy to allocate more resources to a given task if need arises. Furthermore, with this simulator, it is easy to keep track of the budget and not exceed it. Overall, I found it very useful.

- While playing the simulation game, it becomes clearer that a project will be less likely to turn out to be a successful one if the project manager fails to prioritize project activities by their significance and contribution to the business.

- Milestone, the project management simulation, is a brilliant learning assessment tool that allows learners to practice their project management skills. It helps learners to test their project management knowledge while getting familiar with crucial factors during project planning, factors such as schedule, resources, risk, cost and quality.

- In conclusion the simulation was thought-provoking and did provide some interesting things for me to think about especially with the work breakdown structure.

- The class included experiential simulation games and it was my first time using this type of learning tool. It was a good experience to be able to make decisions to manage risks and see the impact of these good/bad decisions had on the project. The game provided good insight about how to evaluate/respond to risks based on likelihood or potential impact on the project. Also, I found it challenging to properly allocate resources given the budget and time constraint as well as the task dependencies. Based on constraints evaluation, some decisions had to be made in the first round and I enjoyed this part because it showed that decisions you make early in the project would follow you through the end. The games gave me the ability to learn more about project management and how challenging it is to keep all stakeholders satisfied while controlling cost and deadlines.

- Once I was able to understand the objective of the Human Resources page on the simulator, I understood the correlation between my logical thought and the next move (s), and countermove(s). The simulator increased my relationship with my professor, because I felt the need for constant validation. Ultimately, the decisions made on the simulator may be different if I played it again. As I was unsure of the effect of my decisions in some places, I simply clicked what I felt would be a fit for the risk. Although I finished over budget, and certainly nowhere near world class, the use of the simulator provided me an applicable approach to understanding risk mitigation.

- All this being said, while there are a lot of plans and preparations that need put in place for each project, there needs to be a respect for soft skills and management initiatives that occur during the project. This simulation does a great job of providing a basic outline that can be used to help better teams and projects, not only from a risk perspective, but from a management and task oriented view as well.

- The simulation does a good job in reminding its users that there are a lot of stakeholders involved in every project and that there can be conflicting goals and expectations for the project leader to manage. These expectations will come into play when considering important aspects such as requirements, limitations and budgeting. The ability to move through each step and see each task as it is executed, respond to risks that arise, and providing the team with ‘soft’ enhancements for a positive project impact is something that will have a real life benefit moving forward. It is easy for project leaders to become too task oriented and this simulation can help with this.

- The exercise taught the difficulties in managing a budget and risk mitigation. Risks that enter the project and need to be addressed can increase cost and affect budget. Adequate contingencies need to be in place at the start of the project to minimize the effect of ongoing risk mitigation on the project budget.

- Through progressive experience of being a project manager in this simulation, the results were better on each subsequent attempt. By learning how to better plan the use of resources, the later simulations had better resource plans to get the job done. Additionally, in each iteration, it was easier to determine which risk management strategies would work and how to identify risks and their mitigation. These findings show that after each iteration, one would improve their project management skills and perform better in the next run.

- My experience with this game illustrated the importance of ensuring human resources are well allocated to ensure project is complete within expected time frame and within the expected budget. There are always risks involved with a project such as this one; however there are several ways to mitigate these risks. It is important to be aware of the risks involved, where you can mitigate these risks, and where risks are low and may be acceptable to continue.

- Resource planning can be challenging especially when you have a limited number of team, time and financial resources. There are also various possible ways in how to deal with risks, and each solution has a price tag on it. There are also various groups to please from top executives to end-users, and each group may have conflicting goals and ideas. In conclusion, there are a lot variables and risks to consider, while risks responses are essentials, contingency plans are also needed.

- The IT simulation was an eye-opening experience. Without any previous experience in Project Management, the task was challenging to say the least. However, the practical application of the will be useful in every project initiatives. I found the simulation to be very informative. I was able to navigate and find conflicting results by alternating my selection. I was able to increase and decrease project inputs and determine the project results. However, when the sponsor changes their stands it puts more pressure on the Project Manager to deliver the product with added factors to consider. I believe this is similar to real life experience that sponsor can demand changes with restrict either financial or personnel support. Project Manager can alleviate this by signing contracts prior to the start of the projects. Any addition to the previous contract must be renegotiated.

- Playing the simulation game, I was able to understand how difficult it is to manage human resources. The right number of employees and optimal number of days needs to be allocated for a specific task. Otherwise, the project will be completed late, lose sponsor interest, or produce low quality products. One of the errors that I made when playing the simulation game was picking the wrong fund activities. The fund activities that I picked made sponsors lose interest and reassign key and talented individuals to another project. I should have made more of an effort in involving major stakeholders so that they have a clear vision of the final project and remain interested. I now understand how difficult and stressful it is to manage an IT project. There are numerous risks involved in managing IT projects such as failing to comply with regulations, missed errors that trickle down to the final product, losing credibility, gathering wrong information and wasting resources on unvalued features. All of these risks need to be managed and all of the mitigation activities come with a cost. An IT Manager cannot afford to waste funding on the wrong mitigation task as it will endanger the success of the project and cause sponsors to lose interest.

- The simulator started out with a scenario outlining the projects budget and expectations. Like a real project progress of assigned tasks are consistently monitored and recorded cost associated with each task. The main stakeholders of the project encompass the project sponsor, team and the executives. Using the simulator to complete tasks was fascinating, as one goes through various assigned task, throughout the different section of the project, there are great possibilities of risk; some appear higher than others. Understanding the risk makes it easier for the team, and project manager (s) to determine the next course of action requires to amend the current risk and creating different systems to capture the risk at an earlier onset. Or to foresee possible future risk that can harm the project that can result in delays, and over budget or in some cases, sponsors loses confidence that the likelihood the project will be successful.

- The simulation gave an exciting insight on how projects are being initiated, planned, executed and closed.

- it’s a good practice though! Especially I’m reviewing my final exam, it helped me to rethink some concepts

- I think this simulation is interesting and allows to better understand the course concepts

- I think the simulation was a good learning tool, to get an understanding about how the different project management elements worked together. How you as a PM, should try to create a risk plan, adjust cost, scope and schedule, satisfy the expectations of all stakeholders and how to make trade-off between the project objectives when unexpected risks happen.

- The simulation program allows us to learn about how the real-life businesses operate through digesting information, assessing situations, resolving challenges and making decisions with different levels of risk in multiple rounds of simulations. The game let me understand how important is project management in determining a project’s performance in terms of profitability and time control.

- I was able to finish well under budget because of good planning, while still delivering a good project and strong levels of satisfaction from all stakeholders.

- it was relatively easy to understand what was going on after clicking and poking around the game. I enjoyed the fact that it incorporated different aspects of the project management course such as the work breakdown structure, recourse allocation, risk management and many other aspects that needed to be used. I feel as though this game is a good learning tool for any student or person trying to learn about the fundamentals of running a project and the different concepts of project management. Overall, I really enjoyed playing this game.

- I think the simulation process itself is a great idea as it allows you to go through different real life scenarios, creating work breakdown structures for each and determining how to resolve problems or risks that occur.

- It is a very interesting simulation. At the beginning it was very challenging to learn, yet it is very beneficial experience. It strongly reflects class material, and assignments; thus, I encourage continuing implementing the simulation in this class.

- This simulation was an excellent way to experience a project that has already started. In class, we began a project from the very beginning, but this allowed us to apply the skills we learned and then try to resolve problems that have occurred. The project scenario was very organized and allowed the user to understand the overall project description and then furthermore, what issues have been going on. All of the key information was noted, which was very useful when making decisions throughout the simulation.

- This simulation provided an opportunity to bring in many course concepts and topics into a real-life method of application. It was much more interesting this way and drew a bigger picture because of how all these concepts happen at the same time and it is important to be able to manage well in order to excel and succeed in each component. For example, it was important to ensure that all objectives and goals were in mind when making any decisions. It was important to ensure that all stakeholders were happy while keeping within the projected budgets in each round. After doing a few attempts, I learned that I needed to ensure that a risk plan was put in place before the risk even happened. This allowed for satisfied stakeholders throughout the entire simulation. I also learned about the importance of team building and cohesion as well as strong leadership and management skills. In one of the attempts, I saw how many times employees were unmotivated and therefore, not performing well, which stresses the importance of team culture. It is very exciting yet challenging to ensure that all parties including the employees and team, stakeholders and endusers were satisfied while being aware of a risks, budget and costs for the project. Thinking about my overall experience of the simulation, I’d say I learned a lot about project management and how it all comes together in a real-life situation. It taught me how important it is to be prepared and precise in all components of project management to ensure quality and success, while also needing to be aware of the big picture of goals and objectives for the project.

- I particularly enjoyed Game 1 that required the development of a software application for the end user, with an expected cost of $39,000 and a team of 5 members, and expected duration of 60 days for the project to be completed. The project stakeholders included: the Project Sponsor, the Project Executive, and the Project Team. With sensitivity to stakeholder needs and satisfaction, the project had to be completed and successfully integrated with the company’s existing infrastructure within the budget constraints, yet build the application using a team that have never worked together and very little past experience with this type of application. The project was completed under budget and the conclusions included the following about the project. As the result of my decisions in the simulations, I was able to showcase my key learnings from the Project Management course and apply them through the 5 games in the simulation. As a direct result of the course and of the simulation, I am more confident today in managing a project because I have learnt the importance of planning, scheduling, and monitoring tasks more effectively as opposed to not have taken the course. Overall, I enjoyed the simulation and thought that the components involved in each game was relevant to what was taught in the lectures.

- I also liked how I would have an immediate update on project budget and contingency costs right after I made a decision and finished a task. Cost was a primary constraint that I looked at since it impacted whether the executives were pleased or not. Lastly, I enjoyed being able to plan for future risks and having choices as to how to respond to risks when they did occur. As discussed in class, a project manager will face several risks and conflicts and must make tough decision to mitigate, transfer or accept the risks. This simulation gave me the opportunity to make tough decisions and see their outcomes.

- Overall, I believe that the simulation could be a great representation and useful tool for students to understand how a project is managed. I believe that this simulation could be an effect tool moving forward for future students to come.

- Overall, it was interesting to see the risks arise and then think through the potential risk responses that would logically make the most sense according to the current situation and scenario. The concept of the simulation is interesting, and I think it is a good opportunity for students to practice and think critically about Project Management.

- I enjoyed the fact that it incorporated different aspects of the project management course such as the work breakdown structure, recourse allocation, risk management and many other aspects that needed to be used. I feel as though this game is a good learning tool for any student or person trying to learn about the fundamentals of running a project and the different concepts of project management. Overall, I really enjoyed playing this game.

- I think the simulation process itself is a great idea as it allows you to go through different real life scenarios, creating work breakdown structures for each and determining how to resolve problems or risks that occur.

- I enjoyed that the game made the player create a WBS where I practiced making an effective schedule to meet the expected duration time of the executives and the sponsors. As mentioned in class, creating a WBS is an essential part in a project as it helps to plan, schedule, and budget. I also liked how I would have an immediate update on project budget and contingency costs right after I made a decision and finished a task. Cost was a primary constraint that I looked at since it impacted whether the executives were pleased or not. Lastly, I enjoyed being able to plan for future risks and having choices as to how to respond to risks when they did occur. As discussed in class, a project manager will face several risks and conflicts and must make tough decision to mitigate, transfer or accept the risks. This simulation gave me the opportunity to make tough decisions and see their outcomes.

- The simulation was an interesting and enlightening experience for me, as it was my first time participating in such an activity.

- Overall, it was an enlightening experience. It is one thing to learn how to be a project manager from a textbook, it is another to learn in class through weekly assignments, but it is another playing field to be immersed into a simulation such as this one. It showed me that there is much more to being a project manager than the literature I have read thus far, or the class discussions we have had. I appreciated the opportunity to see for myself, the hard work ethic, decision-making skills and other attributes that are required to be a successful Project Manager.

- The simulation exercise was very interesting; it allowed me to practically apply many of the concepts that we have learned in class. I personally believe that making the GANTT schedule in the “Human Resources” tab of the simulation was the most practical exercise offered. How they presented the risk response section was interesting as well; new risks would show up after the completion of each task and I was required to choose the best responses to each of them. In conclusion, the simulation was an interesting experience and allowed me to apply much of the theoretical information that was learned in class as well as the assignments.

- I found the game to show easily how easily it is to spend money so quickly and proceed into the contingency fund. It showed me that time and money needs to be spent on almost every aspect of completing the project, even if the task seems to be a money-free related task; funds need to be allocated regardless. The simulation also brought to light the effects of risk and how each risk during a specific point in the game had to be mitigated, transferred, avoided, or accepted for each task during the span of the entire simulation. The game seemed to have imitated real life project duties very closely, and made me come to think of how each task within a project must be executed with care as to not disturb the budget, the time that has been allocated for it, and the probability of risks occurring.

- This game primarily highlighted how project management activities, whether they were sending periodic reports or hosting a project kick-off meeting, can be especially difficult to manage when actions are simultaneously helpful yet detrimental to the project; at one point, adding another monitoring activity significantly improved the perception of both the sponsors and the executives - but also increased costs to put the project over budget. In particular, defining tradeoffs between cost and risk mitigation (affecting schedule and scope) was definitely not as simple as it seemed when reading the textbook and the class slides!

- Project management simulation was a good experience that allowed me to put myself into the shoes of real life project managers. I enjoyed the simulation every much as it was a great experience and I would recommend it to people who want to pursue in PMP.

- Throughout the simulation, we were able to apply the concepts learned in Project Management as a whole. There was a clear connection between each aspect of the decision-­‐making and the concepts taught in the class. Overall, the simulation proved to be beneficial in applying the knowledge acquired through the course.

- The Project Management Simulation was an interesting task that aimed at trying to get the students to test their project management knowledge on a simulated project run by themselves.

- The milestone simulation was a fun way to pull the course material we have learned this semester into one final activity. It is a good introduction into managing a project and how different decisions can impact outcomes in varying ways.

- Overall, I think the simulation has a great concept and was a useful tool to practice project management concepts.

- The simulation was a great way to bring together the concepts we learned in class in order to implement them in a realistic environment. In all, I feel that the simulation is a great idea for providing an opportunity to use course content. The concepts in this course are designed to be applied, so a simulation creates a great opportunity to do so.

- To begin, I think the simulation is a neat idea in terms of providing a holistic view on what project management is all about and gives a unique perspective on some of the things a typical project manager might be faced with on a day-to-day basis.

- It was interesting to complete projects in a simulation format, and I found it neat that there were many choices to choose from. I enjoyed reflecting on the dashboard and making decisions from what we have learned in class

- The milestone simulation is a great introduction into managing a project and how different decisions can impact outcomes in varying ways.

- I believe that the Experiential Simulation game was definitely a great value added experience for the content of this class. Overall, I believe this exercise was a good way to put our gained knowledge from the course to use.

- The milestone simulation was an excellent way to relate course material taught through-out the semester into one final project. It perfectly tied in the 8 assignments we did, relating to the event picked at the start of the semester. Instead of working on each assignment individually the simulation tested how we would react if all sections of an event had to be prepared and executed. Due to this reason I knew that I had to be well prepared heading into the simulation. Overall after making it through the learning curve, I very much enjoyed the game and as I said earlier, I think it was a great way to pull everything together we had worked on throughout the semester.

- The simulation provided me with the opportunity to respond to real-time events and learn to adapt to situations. It also further engrained the notion that many risks can occur in a project, and it is the project manager’s responsibility to ensure these risks are contained and the project stays within the cost, schedule and time constraints. It is a great way to apply the project management principles in a simulated environment.

- Through the use of the online simulation we learned that it is important to plan for the unexpected when developing a new business if we hope to create a sustainable entity.

- The Milestone Simulation was a great way of providing real-life experience in managing risks that can occur in a project. Overall, the simulation helped to better understand what it is like to manage human resources through the use of a work breakdown structure, to manage stakeholder satisfaction regarding budget, quality and risks, to create a risk plan in order to respond proactively to any risks that may occur, and lastly, to manage risks that occur during a project.

- The Simulation deliverable for the class was in my opinion, very engaging and an innovative way of presenting the course materials in a real-life project managers environment. This simulation required us to apply our knowledge of the theory presented in class to a project with interactive components. I found this makes learning about the material much more enjoyable than having to memorize definitions and principles. Another major benefit of this method of learning is that because it puts your knowledge of the materials to practice, those concepts in turn get absorbed more easily. – it was fun, engaging and a great way to make the theory and practices stick in your head. It is simply a more interesting and memorable way of learning the material.

- The concept behind the simulation program is excellent, as it allows us to put into practice concepts that we have learned throughout the semester. It gave me a tangible situation where I could apply what I have learned, as well as see the results of the project.

- The simulation was an overall positive experience and helped me understand the transition between concepts and practical application of the theories we learned class. While using softwares such as Microsoft Project can be tedious at times due to small details and interface capabilities, the Experiential Simulation was fairly easy to use and was intuitive. Working with the software was enjoyable as I made sure that the Team, Sponsors and Executives were always satisfied. With regards to my learning experience with the software, it was very enriching in that it helped me tie different concepts we discussed in class.

- My experience using the Milestone Simulation has helped me to better understand the different complexities that go in to a project and how sometimes you have to make decisions with significant uncertainty. It was a good reminder to think about all aspects of the project from all stakeholder perspectives.

- The simulation was also very interesting in the way it presented risk management.

- I was very fond of the simulation as it simulates a real life situation and gives users the chance to experience the challenges a project manager experiences on a daily basis. In particular, I enjoyed the differentiation between the three stakeholders and that decisions where constrained by a maximum of four per round as it simulated what is realistic for a project manager to achieve in a given time. All in all, I think this project management simulation should be an essential part of a project management class. The simulation (in combination with the weekly case studies) provided an excellent opportunity to apply theoretical knowledge intro practice.

- find that administrator of the website, is really fast and helpful with response to my emails regarding to technical difficulties.

- Participating in the simulation was a rewarding and overall fun experience for me. It really emphasised that soft skills of project management more so than the concrete skills like performing a work breakdown structure, project charter and so on.

- During this simulation, first of all, I have a better understanding of what a project manager do in each stage.

- The project management simulation was intuitive, but challenging.

- The Simulation allowed me to truly understand how multi-faceted project management is. From human resources, to all sorts of specifics, be it technical or otherwise, that are particular to the given project.

- The Milestone Experimental Simulation was a very interesting and inventive way to apply course learnings to an interactive platform. I always enjoy ways in which our courses can take the concepts and allow us to apply them in real life scenarios, and therefore I think the simulation can add great value to the course. Overall, I really enjoyed the simulation, and feel, can provide a great method to apply tangible concepts to interactive scenarios.

Project Management Simulation