A management tool that allows a manager to review historical data and perform forecasting simulations relating to pollutant emissions from power plants and the like is disclosed. The management tool allows the outcomes of various pollution control strategies to be simulated so that the pollution control strategy which yields the optimum result for the utility company can be selected. The system of the present invention uses real time data to automatically update the input parameters to the decision making process and revise the forecasted outcomes for the various strategies considered. The management tool of the present invention includes a computer programmed to perform the aforementioned simulations and one or more continuous emission monitors (CEMs) which are in constant communication with the computer.