error while configuring MWS & dashboard

Hi friends,
I have configure MWS and dash board. once i configure MWS & dashboard sucessfully but while configuring it for Simulator
I came accross below error.

Now Dashboard is not starting up & MWS is also giving error.
Experts pl advice asap…
thanks in advance

In dashboard server log file :-
Error details:ERROR [org.jboss.mq.il.oil.OILServerILService] Starting failed
java.net.BindException: Address already in use: JVM_Bind

In My webMethod server log file :-
Error details: 2007-11-02 16:51:15 IST (wsclient : FATAL) [RID:37] - com.webmethods.caf.wsclient.proxy.impl.WSClientDynamicProxy: Failed to bind to endPoint: http://10.119.3.71:12503/services/monitor.wsdl and interface: interface com.webmethods.bpo.service.IBaseWebService: could not bind to path: http://10.119.3.71:12503/services/monitor.wsdl
com.webmethods.caf.wsclient.WSClientException: Failed to bind to endPoint: http://10.119.3.71:12503/services/monitor.wsdl and interface: interface com.webmethods.bpo.service.IBaseWebService: could not bind to path: http://10.119.3.71:12503/services/monitor.wsdl
at com.webmethods.caf.wsclient.proxy.impl.WSClientDynamicProxy.getBinding(WSClientDynamicProxy.java:278)