Commercial Conflict Resolution: PPMP20011 Unit Portfolio - Week 6

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Added on  2021/06/18

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Homework Assignment
AI Summary
This assignment is a student's portfolio for the PPMP20011 unit, focusing on commercial conflict resolution. It analyzes a reading on collaborative project procurement and explores the role of the project manager in commercial negotiation, examining factors like trust, collaboration frameworks, and social capital. The portfolio addresses learning outcomes related to differentiating negotiation methods, identifying conflicting objectives, and evaluating project management tools for conflict resolution. It includes reflections on the week's topic, its relation to previous weeks, and insights from other units, along with references to relevant literature such as the PMBOK Guide and case studies on project management. The student answers questions related to the influence of trust, political interests, collaboration frameworks, and cultural backgrounds on commercial negotiation. Furthermore, the portfolio touches upon project delays, disruptions, and methods for claims variations.
Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20011Unit 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.
The objective of this week’s topic is to make sure you have an appreciation of
the Role of the Project Manager in Commercial Negotiation.
Try to ask yourself the questions that were in the slides in the 6thweek’s lecture:-
1. What is the influence of Trust upon Commercial Negotiation?
Answer: Business assentions can be come to with almost no trust on either side,
if the gatherings' advantages support the arrangement.
2. Can Trust be changed by Political Interests?
Answer: Yes, trust can be changes by Political interests
3. Does Trust assist in Commercial Conflict Resolution?
Trust collaborates to bring commercial conflict resolution.
4. What is the influence of Collaboration Frameworks upon Commercial
Negotiation?
It helps in closing deal between two parties or organizations.
5. Can Co-learning between Teams change the outcomes of Commercial
Negotiation?
Yes, it helps in better negotiation deals.
6. In what way does taking the Perspective of others help or hinder
Commercial Negotiation?
Yes, the perspectives of others help or hinder for commercial negotiation which
help to adopt competitive approach.
7. How does Social Capital impact on Commercial Negotiation?
The cost, investment, capital gains impact on commercial negotiation for the
social capital.
8. Does it change as a consequence of the parties Cultural Background?
Yes, there is case in which it can change as a consequence of the parties’ cultural
background which will impact negotiation for the project. As requirement for
the project and other can be changed.
PPMP20011Unit Profile
PPMP20011 Moodle
Web site
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
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Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20011Unit 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
In conclusion to this week:
9. Do the ideas in Chapter 4 help in structuring your thoughts around
Commercial Project Negotiation?
Yes, these ideas give more clear understanding.
10. How does this week’s topic relate to the previous weeks topics?
Yes, it relates to previous week’s topic.
11. How relevant are the thoughts of Alfredson & Cungu from the Food and
Agriculture Organization of the United Nations in the context of this
chapter? Or are we looking at completely different ideas?
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.
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
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
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Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20011Unit 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
variations, liquidated
damages, contract
entitlements, and
arbitration.
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.
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
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Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20011Unit 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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