Risk Question required clarification please

Your team has identified a risk with some of the chemicals you are using on your highway construction project. It is really difficult to mix them just right and, based on past projects, you’ve figured out that there’s a high probability that about 14% of the chemical supply will be lost in mixing problems. You decide to buy an extra 15% of the chemicals up front so that you will be prepared for those losses and your project won’t be delayed. Which response strategy are you using?
 
A
Avoid
B
Accept
C
Mitigate
D
Transfer

I guess you confused bcoz it seems smthing related to reserves or backup thing, right? Personally, I choose A: Avoid as the right answer. Simply bcoz B, C, D are wrong :).

but according to PMP head first the correct answer is mitigate. Thats y i am also confused.

this is avoid because avoding means preventing it from occuring. mitigating is paritaly preventing because there will be a impact.

Correct answer is mitigate. To avoid it would be not to use that chemical at all, avoiding or removing that work item completely or changing the approach.

In this scenario, the risk still exists, except probability is less after mitigation plan (to buy additional 15% of chemicals) is put in place.

I choose Mitigate too. At this point the extra 1% is a way to pad the error.  Avoid is probably wrong, because as said, you already know you will be making the mistake, so you are not avoiding anything, but you are taking it into account.

 Mitigate makes sense.

 

You aren't avoiding or accepting the risk, but rather acting to minimize the disruption it causes.  this seems like mitigation.

Mitigate would be correct answer.

The correct anser is Accept. A contingency reserve has been established in this case which amounts to active acceptance strategy.

I agree with rishiarien. This is Active acceptance. I know this is not 'Avoid'. Instead of comparing Avoid and Mitigate, can some explain why this is not 'Accept' (active acceptance).


 

The correct answer is MITIGATE. The following definitions will clarify more:


Avoid: The best thing that you can do with a risk is avoid it—if you can prevent it from happening, it definitely won’t hurt your project
Mitigate:  If you can’t avoid the risk, you can mitigate it. This means taking some sort of action that will cause it to do as little damage to your project as possible.