PPMP20011 Unit Portfolio for Week 6

This unit portfolio for week 6 of PPMP20011 discusses commercial conflict resolution and methods of project negotiation, conflict management, and stakeholder engagement across projects consisting of differing technology standards and asset lifecycles. It also evaluates project management tools that help avoid or provide conflict resolution via negotiated solutions. The portfolio includes insights from other units and readings, as well as supporting documentation.

(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 6
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 6 Topic:
Commercial Conflict
Resolution.
Collaborative Project
Procurement
Arrangements
(2015) by Derek H. T.
Walker and Beverly
M. Lloyd Walker;
3. Differentiate
methods of project
negotiation, conflict
management, and
stakeholder
engagement across
projects consisting of
differing technology
standards and asset
lifecycles.
Trust has been a vital point of concern in the field of the commercial negotiation
as the trust is the factor that can make the facing party believe on the vocal
rather than paper work. Trust can be converted into political interest and thus, it
can be real or fake depending on the personal behaviour of the individuals
trying to make some negotiation.
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?
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
Commercial negotiation is a factor that consist of many factors such as trust,
social impact, cultural background and many other impacts however; if both the
parties are interested in negotiation, none of the facts will impact the
negotiation. I get to know about many facts related to the commercial
negotiation considering the successful and efficient conflict management within
the project lifecycle. Moving forward, I understand the facts associated with the
conflict management and commercial negotiation are somewhat alike.
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
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(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 6
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
with key
stakeholders.
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.
We are looking the same perspective of the commercial negotiation as it needs
individuals to have trust on each other and come at a particular objective that
can be in between of the satisfaction and dissatisfaction. While executing the
commercial negotiation, there should be efficient analysis about the business
and the market for proposing and getting an effective and efficient negotiable
value that can bring positive outcomes. Contract entitlements have nothing to
do with the project delay as the negotiation will only happen if both the parties
are interested.
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?
6. Evaluate project
management tools
that help avoid or
provide conflict
resolution via
negotiated solutions.
Negotiated solution always bring both the parties at a particular point that is in
between the satisfaction and dissatisfaction level for both the parties however;
lastly, it comes that bot the parties can make a better profit and output.
Checklist, auditing, PERT chart, Return on investment calculation, payback
period, and many other tools can be utilized for the project evaluation and
identifying whether project was capable to deliver the satisfied value or not.
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
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(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 6
References
Anbari F.T., Giammalvo P., Jaffe P., Letavec C., and Merchant R. (Date Unknown) “The Chunnel Project”. PMI Case Studies in Project Management.
http://www.pmi.org/~/media/PDF/Academic/case%20studies/Chunnel%20Project.ashx Visited …../…/…
Kerzner H. 2013. Project Management: A Systems Approach to Planning, Scheduling, and Control, 11th Edition. 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) 5th Edition. USA: Project Management Institute.
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