Case Study: Missouri University of Science and Technology develops real-world mining engineering solutions with Palisade @RISK

Mining Engineering Students at Missouri S&T Develop “Real-World” Solutions Using Real-World Tools

Missouri University of Science and Technology’s mining engineering students face capstone and research challenges that require practical risk analysis and stochastic modeling. To prepare students for real‑world engineering problems, Dr. Samuel Frimpong equips his classes with Palisade’s @RISK software for hands‑on simulation and risk assessment.

Using Palisade’s @RISK in the familiar Excel environment, students and graduate researchers simulate stochastic processes, model risks from investment to production, and efficiently define inputs and interpret post‑simulation results. The result is stronger, industry‑relevant capstone projects and more rigorous research training—students gain practical experience with professional risk‑analysis tools that improve project outcomes and readiness for engineering practice.

Missouri University of Science and Technology

Samuel Frimpong

Missouri University of Science and Technology