The assignment provides a detailed analysis of negotiation theory and practice, discussing the skills necessary for commercial negotiation and the management of different types of stakeholders. It also explores the drivers that motivate parties involved in a negotiation process and the importance of soft skills in effective communication.
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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 ā Negotiation; Negotiation is the structural and strategic analysis of individuals that is primarily used to settle conflict of interest. Negotiation Is closely associated with decision-making and understanding of the human psychology. 1.Does the āTheoryā outlined in the Alfredson T., & Cungu A.,2008 paper match the concept of negotiation in this unit? Yes, the theory that has been outlined by the authors in their paper accurately matches the concept of negotiation of this unit. 2.In the more serious YouTube videos do you find that they support or contradict the concept of ācommercial negotiationā as outlined in the first two weeks of the unit? The YouTube video that I have seen clearly demonstrates the ten best steps that can be used while negotiating. These skills are inclusive of negotiating with the vendor for the best price possible. Therefore, this video and the demonstrator evidently supports the concept of commercial negotiation. 3.Is the āart of negotiationā applicable to the Chunnel Project? The art of negotiation can be partially applied to the Chunnel project. Negotiation would have assisted to enhancing the execution of the project by demonstrating the benefits of the tunnel to the government of the United Kingdom. I have said partially here as the disasters that occurred after the project was completed and the use of the tunnel for illegal immigration is still a threat for the UK government. 4.Is negotiation really part of policy making? In what way is it so? Yes, policy making includes negotiation. This because while developing a policy, the policy makers and the employees have to negotiate the terms of the policy between themselves before it is finalized. Such negotiation is to avoid conflict between the policy executors and the employees in the future. Alfredson T., & Cungu A. 2008. Negotiation Theory and Practice http://www.fao.org/do cs/up/easypol/550/4- 5_negotiation_backgro und_paper_179en.pdf Stagg, A. (2018). Negotiation Skills Top 10 Tips.YouTube. Retrieved 25 March 2018, from https://www.youtube. com/watch? v=oy0MD2nsZVs 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 5.Is negotiating something that is related to a tangible outcome, such as the Chunnel, the same as negotiating something that is intangible, such as the end of a war? The negotiation for outcomes such as the Chunnel is not the same for negotiations results in the end of a war. The negotiation for tangible objects is valid and acceptable till the object is created. However, after the end of a war the situation still remains unstable. This is because even if the current parties involved in the negotiation agree to the current terms of negotiation, however the future parties from the same countries might not and raise conflict again. 6.What bullets in this section apply to negotiation? This section entirely applies to negotiation as the author focuses on various strategies that can be used for negotiation. 7.Are there any similarities between Alfredson T., & Cungu A.2008 paper and this section? There are some similarities between the two papers as the authors closely analyse the different techniques that encompass commercial negotiation and the skills that are required for this process. 8.Could Kerznerās Recovery Life-Cycle Phases be applied in the Theory outlined in Alfredson & Cungu? Yes, the phases for the recovery of a project can be applied to the theory stated in the Cungu and the Alfredson. This is because the recovery of a project requires a huge amount of investment and planning and therefore the skills of negotiation is necessary for the process. 9.Are different stakeholders in negotiation? There are four kinds of stakeholders, the supportive, the marginal, the 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 non-supportive and the mixed blessing stakeholder. 10.How can we manage the stakeholders? Different stakeholders must be managed in their own individual manner. The supportive stakeholder must be involved in every situation to have their maximum cooperation. The marginal stakeholders usually remain inactive however, they raise questions when the matter concerns them. Therefore, they must be carefully observed and manage them when they get involved. The non- supportive stakeholder is harmful for the organization and therefore their interest in the organization must be minimized. The mixed blessing stakeholder must be managed by collaborating with them that would ensure their cooperation. Kerzner, H., & Kerzner, H. R. (2017).Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Sphere, P. (2018). Negotiation.YouTube. Retrieved 25 March 2018, from https://www.youtube. com/watch? v=1FeM6kp9Q80 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, 11.Does Commercial Negotiation require soft skills, and interpersonal skills or is it about contracts and procedures without any emotion being involved? Negotiation does require soft skills and the skill to communicate with involved party irrespective of the nature of the negotiation. Commercial negotiation is centred on contracts and procedures. However, for effective communication and relationship development, soft skills are necessary. 3of4
(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 mange relationships and communication with key stakeholders. 12.What are the drivers that motivate the parties involved in a negotiation process? The motivating factors in the negotiation process would be the need for reaching a desirable outcome for both the parties that contributes to elimination of any conflict of interest between them. References Alfredson T., & Cungu A. 2008. Negotiation Theory and Practice http://www.fao.org/docs/up/easypol/550/4-5_negotiation_background_paper_179en.pdf Kerzner, H., & Kerzner, H. R. (2017).Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Sphere, P. (2018).Negotiation.YouTube. Retrieved 25 March 2018, from https://www.youtube.com/watch?v=1FeM6kp9Q80 Stagg, A. (2018).Negotiation Skills Top 10 Tips.YouTube. Retrieved 25 March 2018, from https://www.youtube.com/watch?v=oy0MD2nsZVs 4of4