Does ProjectWise Integration Module for Microsoft Office require a license?
Yes, the software requires a license to be used. You can obtain it using the link below because it points to a section from where it can be acquired. You can read more about it on the link below where users posted questions to the developers asking the price and license info.
Bentley statement: http://communities.bentley.com/products/projectwise/content_management/f/342986/t/66862