Theory of Negotiation and Negotiation in Practice - PPMP20011 Unit Portfolio for Week 2
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This portfolio discusses the theory of negotiation and conflict management, stakeholder engagement, and commercial negotiation. It also covers the consequences of project delays, disruptions, and changes to planned activities and the methods for claims variations, liquidated damages, contract entitlements, and arbitration.
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(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 2 Weekly Portfolio Learning Table Description of topics including reading samples Learning outcomes of the unit Learnings from your experience, this and prior unit reading, assignments Supporting documentation including your prior learning Week 2 Topic: Theory of Negotiation and Negotiation in Practice. Alfredson T., & Cungu A.2008.Negotiation Theory and Practice; Kerzner (2013) Section 25.5Managing Troubled Projects; William Ury and Robert Fisher (2012) GETTING TO YES: Negotiating an agreement without giving in; YouTube: Popular Videos – Negotiation; 3. Differentiate methods of project negotiation, conflict management, and stakeholder engagement across projects consisting of differing technology standards and asset lifecycles. The outlined theory by Alfredson T., & Cungu A.,2008 somewhat matches the concept of the negotiation and conflict management. However; stakeholder engagement has been stated very crucial for the successful deployment of the successful achievements of these objectives. The concept of the commercial negotiation mentioned in the first two weeks provides a clear and concise reflection on the management of the conflict, and negotiation emphasizing on generating a win to win scenario for the organization. Negotiation cannot be the part of the policy as it is not a law or restriction, it is a practice. PPMP20011 Unit Profile PPMP20011 Moodle Web site Have you any insights you can add from other units you have studies or readings you’ve made? 1of4
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(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 2 Description of topics including reading samples Learning outcomes of the unit Learnings from your experience, this and prior unit reading, assignments Supporting documentation including your prior learning Are any of the activities above relevant to your reflections for the learning outcomes on the right? 4. Explain and apply methods of identifying and reconciling inconsistent and conflicting objectives and drivers that develop, maintain, mange relationships and communication with key stakeholders. Commercial negotiation do require interpersonal skills, and emotion control in manner to manage the conflicts those might be raised during the overall project development. There should not be any emotional attachment while taking the decisions or analysing the situation. The decisions should be taken despite of the emotions and proper language should be considered while delivering the project. Driver factors: Interest and goals of different parties Independency of the negotiation parties Past relations between the individuals Nature, and persuasive ability of the individuals Have you any insights you can add from other units you have studies or readings you’ve made? Are any of the activities above relevant to your reflections for the learning outcomes on the right? 5. Explain the consequences of project delays, disruptions, and changes to planned activities and the methods for claims variations, liquidated damages, contract entitlements, and arbitration. Changes are the nature of the project, despite of the facts related to the complexity and nature of the project. Changes in the planning, disruptions, and project delays are some of the common risks those need to be considered while managing the project risks. These alterations could alternatively result in the cost escalations and thus, affecting the project financially. However, time escalation can also be considered as the opportunity for the manager to develop and effective and efficient project plan. Have you any insights you can add from other units you have studies or readings you’ve made? Are any of the activities above relevant to your 6. Evaluate project management tools The available tools can be a helpful approach towards delivering effective and efficient conflict management and manage the constraints of the project. Analysing the causes of the conflict being raised, executing the stakeholder Have you any insights you can add from other units you have studies or 2of4
(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 2 Description of topics including reading samples Learning outcomes of the unit Learnings from your experience, this and prior unit reading, assignments Supporting documentation including your prior learning reflections for the learning outcomes on the right? that help avoid or provide conflict resolution via negotiated solutions. analysis considering the causes those could influence the overall project. Consideration of the scope of the causes those could be caused due to the conflict and performing the cause and effect chains can be a beneficial approach. Analysis of the sectors those could possibly lead to conflict is another efficient tool for conflict management. readings you’ve made? 3of4
(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 2 References Alfredson T., & Cungu A. 2008. Negotiation Theory and Practicehttp://www.fao.org/docs/up/easypol/550/4-5_negotiation_background_paper_179en.pdf; Kerzner H. 2013.Project Management: A Systems Approach to Planning, Scheduling, and Control, 11thEdition. Hoboken, USA: John Wiley & Sons. Peña-Mora F., and Tamaki T. 2001. "Effect of Delivery Systems on Collaborative Negotiations for Large -Scale Infrastructure Projects”.Journal of Management in Engineering. Vol:April 2001 pp.105-121 PMI. 2013a.A Guide to the Project Management Body of Knowledge (PMBOK Guide) 5thEdition. USA: Project Management Institute. Wikipedia 2017Channel Tunnelhttps://en.wikipedia.org/wiki/Channel_Tunnelvisited __/__/____. Ury W., & Fisher R. 2012.Getting to YES: Negotiating an agreement without giving in. Penguin Random House Australia 4of4