We faced a similar problem with the normal commercial package of Creo 3.0 M030. We figured aot, that the file called "parametrci.exe" was missing after installing the software in the parametric/bin directory.
This only happens under 64 BIT OS / Installation under 32 BIT works as intended.
In the end we copied the parametric.exe from M020, which we had installed before to the M030 directory - it works for us.
Same issue with Creo Direct / Layout / Simulate of this build.
Can you please check this at your installation as well?
Can someone from PTC also check this?
Thanks in advance
Steffen