A three-dimensional incompressible two phase flow model of vertical centrifugal casting is proposed to simulate the fluid flow of mould filling process accurately and effectively. The Projection method is adopted to solve the govern equation of the flow field, and the Level Set method is used to capture the free surface. The mold filling of a complex part with thin-wall is simulated. The numerical result shows that the Projection-Level Set method could simulate centrifugal casting effectively. The present study has a guiding significance to the production of vertical centrifugal casting.