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PMP Exam Success in 40 Days! - Project Management 101Author: 40 Days to PMP Exam Success
Welcome to the 40 Days to PMP Exam Success program with Phill Akinwale, OPM3, PMP! Get videocasts for the 40 Days on SPOTIFY. They won't show on Apple. This program is designed to help you pass the PMP exam in 40 days with diligent studying. PMP Exam Training and Coaching based on the book, PMP Exam Immersion. Support me here: https://tinyurl.com/pmperadio PMP Immersion Book Direct Link: https://praizion.dpdcart.com/cart/add?product_id221766&method_id241716 Based on the half-day LIVE training course, PMP Exam Immersion, available here: http://hpmexam.com Parent Site: www.praizion.com Language: en Genres: Business, Management Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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PMP Exam Mindset - People Domain Task 8_ Negotiate Project Agreements
Saturday, 31 January, 2026
Visit http://pmpdoctor.com/ for more PMP practice questions.In the PMP Exam Mindset, "Negotiating Project Agreements" (People Domain, Task 8) is about finding the Win-Win. Forget the "hard-bargaining" movie tropes—the PM's goal is to reach a sustainable consensus that protects project objectives while maintaining healthy relationships.1. Core Mindset PrinciplesCollaboration Over Competition: Negotiation isn't about winning at the other party's expense. It’s about aligning everyone to the project’s success.Know Your Bounds: Always understand your BATNA (Best Alternative to a Negotiated Agreement) and your limits before entering the room.Focus on Interests, Not Positions: If a stakeholder demands "Feature X," ask why. The underlying interest is often easier to satisfy than the rigid demand.Integrity First: Never promise something the team cannot deliver just to close a deal.Analyze Bounds of Negotiation: Determine the scope, budget, and schedule flexibility before starting.Assess Priorities and Objectives: Use tools like MoSCoW Prioritization to understand what is "Must-Have" versus "Nice-to-Have."Verify Objectives Are Met: Ensure the final agreement actually solves the project's needs and is documented in an Agreement or Contract.Participate in Negotiations: You aren't just an observer; you are the bridge between the technical team and the Procurement/Legal departments.2. Key Exam Enablers (Subtasks)Based on the PMP Content Outline, you must master:3. The Agile PerspectiveIn Agile projects, negotiation is continuous. We prioritize "Customer Collaboration over Contract Negotiation" (Agile Manifesto). This means favoring flexible contracts, like Fixed-Price Incremental or Time and Materials, that allow for changing priorities.Exam Tip: The "Consensus" StrategyIf you see a question where two stakeholders disagree on a requirement, the correct answer usually involves facilitating a meeting to find common ground or using Multi-Criteria Decision Analysis to objectively rank options.
