1. A method for event based execution of at least one Fieldbus process control strategy (FPCS) for simulation of an industrial process at least partially implemented by a Fieldbus system including at least one Fieldbus Interface Module (FIM) and a plurality of field devices, comprising the steps of: representing an implementation of said FPCS as a Fieldbus data structure comprising a plurality of operational blocks representing operations of said FIM and operations of at least one of said plurality of field devices; obtaining at least one Link Active Schedule (LAS) for simulating operations of said at least one field device using said Fieldbus data structure, said LAS comprising software operation identifiers for software implementations of said operations of said field device and timing parameters for performing said software implementations; converting said LAS to an intermediate structure comprising a plurality of discrete events, said converting including generating timing parameters corresponding to each of said plurality of discrete events including a plurality of different times, and running simulation software installed on a computing device by performing functional block executions for said plurality of discrete events with a simulation sequence for said plurality of discrete events based on said timing parameters for simulating said operations of said industrial process.