I believe that even with advanced FEA software, it is challenging to accurately predict the inelastic buckling capacity of a compression member. The primary difficulty lies in properly accounting for initial imperfections, which significantly influence buckling behavior. While there are several methods to introduce geometric imperfections—such as scaling eigenmode shapes or using measured data—there is no universally codified standard for doing so. FEA is a great tool, but when it comes to structural design, relying solely on FEMs without extensive empirical validation—like the thousands of tests that form the basis of design codes such as the AISC Steel Manual—raises concerns.
If I were designing this structure, I would use hand calcs and a beam model (RISA, SAP, etc.) first and then validate with FEA if I felt like adding an extra layer of validation.