Simulation of a Fast-track Software Project
The simulation helped us study changes in the organization design. We added 5 more developers to an existing 5-person co-ordinating team, and the project now showed chances of finishing within 6 months. It turns out that it is too expensive to hire 10 people in the US, so the company talked of outsourcing. We simulated this too, and found that this would push the schedule back by more than a year, thus proving counter-productive.
I am frankly quite fascinated with this technology, and await to study the results of actions taken by the company as the project unfolds. If this sounds interesting to you, I'd highly recommend Prof. Levitt's course (Autumn Quarter).