This portfolio covers the role of the project manager in commercial negotiation, methods of project negotiation, conflict management, and stakeholder engagement across projects consisting of differing technology standards and asset lifecycles.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 3 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 3 Topic: The Role of the Project Manager in Commercial Negotiation. 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. The project manager should handle the commercial negotiation in a highly qualified skills and executing the proper steps those could contribute in the development of the project. Role of the project manager does not changes as per the nature of the project, type of industry however; it do differs as per the personalities of the individuals involved in the project. Chunnel project should have driven by an experienced project manager who has the capability to analyse the environment and deliver an effective and efficient conflict management for handling the constraints of the project. 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 The conflict management should be driven in a sequential manner for the delivery of an effective and efficient management of the conflicts raising while delivering the project: Analysing the problem raising the issue of the conflict Preparation of the strategies for encountering the issue Active listening to the different aspects of the partners Better decision-making considering rest of the stakeholders Highly qualified interpersonal skills for reacting emotionlessly Having knowledge and understanding on the ethics and reliability Have you any insights you can add from other units you have studies or readings you’ve made? 1of3
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 3 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 and communication 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. Project delays can cause disruption in the delivery of every activity and tasks considered for the successful delivery of the project. Successful delivery of the project considered to be of high quality. Changes and delay both can be negative risks or opportunities for the delivery of the project with high standard. Utilizing the project management tools such as Gantt chart, budget estimation, project evaluation, and project auditing can be recommended as the better approach for managing the constraints of the project. 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. Conflict management needs an effective and efficient strategy for the delivery of the activities and project constraints as per the determined planning. The tools those can be utilized for conflict management include: analysing the causes of the conflict being raised, executing the stakeholder 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. Have you any insights you can add from other units you have studies or readings you’ve made? 2of3
(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 3 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. 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. Walker D.H.T., & Lloyd-Walker B.M. 2015.Theory and Practice Collaborative Project Procurement Arrangements. PMI Published Research. Wikipedia 2017 Channel Tunnel https://en.wikipedia.org/wiki/Channel_Tunnel visited __/__/____. Ury W., & Fisher R. 2012. Getting to YES: Negotiating an agreement without giving in. Penguin Random House Australia 3of3