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The purpose of this paper is to provide some guidelines for assessing the credibility of simulation results. The life cycle of a simulation study is characterized in terms of 10 phases, 10 processes, and 13 credibility assessment stages (CASs). The credibility of simulation results is assessed by integrating ten CASs: formulated problem verification, feasibility assessment, system and objectives definition verification, model qualification, communicative model verification, programmed model verification, experiment design verification, data validation, model validation, and quality assurance of experimental model. Indicators are identified for evaluating credibility in most of the CASs. The guidelines provided herein are essential for the success of a simulation study.