What is negotiation? Why is it important in project management?
What will be an ideal response?
Negotiation is a process that is predicated on a manager's ability to use his influence productively. Negotiation skills are important because much of a project manager's life is taken up in bargaining sessions of one type or another. From stakeholder management to arranging for project team members to have more time away from their regular duties, a project manager must be able to negotiate with a wide variety of parties from positions of power and little power.
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Principals are liable for negligence caused by an agent during a substantial frolic and detour
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Sandy, Ramon, and Bonnie were partners. Sandy dissociated from the partnership. Bonnie and Ramon decided to continue the business. When Sandy dissociated, there was a $50,000 debt owed to Great State Bank. Which statement is correct?
a. Sandy remains liable on the $50,000 debt owed to Great State Bank. b. Only Ramon and Bonnie are liable for the $50,000 debt owed to Great State Bank. c. The debt is extinguished as a result of the dissociation. d. Whether Sandy remains liable depends on whether she filed a statement of dissociation.
Practitioners agree that the purpose of ______ is to “help an organization understand its behavior and its present situation—what’s going on, how it’s going on—so that something can be done about it.”
a. feedback b. data gathering c. interviews d. diagnosis