Revisiting the four C'S of managing a successful simulation project

This paper aims to discuss four key elements imperative to conducting an effective simulation study and how they impact the progress of the study. • The Clue: determining when and why to use simulation and what issues will be addressed • The Cash: understanding the financial costs and the impact of the project • The Commitment and the Courage: the importance of having a team committed to the endeavor and having the courage to make hard decisions so that the project will be successful Each of these key factors are critical to starting a successful project and keeping it on track towards proposing effective solutions for the problems the model was designed to address.