Virtual teams are fast becoming the norm in organizations and strategies are needed to deal with the new challenges that they create. Software Project Dynamics is a field of research that uses system dynamics simulation to explore software engineering issues. The objective of this research effort was to enhance systematically the understanding of virtual software engineering by using the system dynamics methodology and existing software project dynamic models. To accomplish the research objective, the following tasks were accomplished: First, an extensive literature review was done. Second, a Software Project Dynamics model was reproduced. Third, the model was used as an experimentation vehicle. This paper suggests that system dynamics is a viable tool in the exploration of virtual software engineering challenges. A new field of research is recommended to deal with additional challenges of virtual software project teams by using system dynamics with the proposed name: Virtual Software Project Dynamics.