You can't access the windows applications from Linux, because they run within the VMware virtual system. You can share contents between Linux and the virtual WindowsXP systems.
To run windows applications directly in Linux, you have to launch them using WINE, which should work for the mentioned window applications.
Then again: Word, Excel and Outlook can be quite easily replaced by OpenOffice and Thunderbird, so in your case it's a hassle for nothing. Only PowerPoint would require all these efforts.