For this assignment, read the case study, “Acorn Industries” starting on page 180 of your textbook. Once you have read and reviewed the case scenario, respond to the following questions with thorough

For this assignment, read the case study, “Acorn Industries” starting on page 180 of your textbook. Once you have read and reviewed the case scenario, respond to the following questions with thorough
Running head: PM NEGOTIATION SKILLS 0 PM Negotiation Skills Name Columbia Southern University Introduction Negotiation is one of the key aspects of the project as it ensures the availability of the expectations and resources regarding the project at the same level to contribute towards the project’s success ( Creasy, Fan, & Johnson , 2017). The essay will inform about two core project management traits during the negotiation process and their significance through example. The essay will also spotlight the impact of triple constraints on the project manager during the negotiation process. Finally, the study will inform about the benefits and challenges of keeping stakeholders involved regarding the project progress. Two Core Project management traits for negotiation Six core project management traits carry high significance for the project managers. Two co re traits during the negotiation process involve communication mastery and the ability to organize and delegate . According to Ika et al. (2020), effective communication ensures that the project manager can share key information with the negotiating parties quickly and easily to convince them on a point. It is quite effective in clarifying the associated benefits and challenges to the other party for pushing them to make the right decision (Creasy, Fan, & Johnson, 2017). The capability to organize and delegate provides key support to the project manager to consider and offer different options to the other party (Meredith, Shafer, & Mantel, 2017). It becomes possible for the project manager to provide a complete picture during the meeting to the other party to reach a mutual agreement. Importance of two chosen traits in project management negotiations Focusing on the significance of communication during the negotiation process, if the project manager is negotiating regarding the triple constraints of the project informing the second party about the only impact of their budget cash flow on the cost as well as a timeline of the project without emphasizing on the quality aspect, the project manager will not successfully share complete information (Demirkesen & Ozorhon, 2017). A mutual agreement might reach during the negotiation process; however, the actual deliverable might be varying from the expected one by the client-side, creating issues in the successful completion of the project. Focusing on organizing and delegation , if the project manager cannot carry out effective organization and delegation of resources, he cannot present suitable options to the client (Ika et al., 2020). Moreover, the project manager will face certain issues in considering different client-side expectations, whether they could be fulfilled or not positively. Effect of Triple Constraints on Project Managers’ Negotiation The triple constraints certainly carry the potential to impact the negotiation process. For example, if the client is willing to reduce the project’s cost by eliminating certain activities, the project manager must inform the client about the project’s cost and quality aspect, which may be affected . Creasy, Fan, & Johnson (2017) informs that the project manager needs to keep an eye on all the triple constraints of the project while making any offers to the client; otherwise, he might face the client’s objections at subsequent stages. Benefits and Challenges of keeping key stakeholders involved regarding project progress The key benefit of keeping all the key stakeholders involved regarding the project’s progress is that all the stakeholders are informed about the project’s completed and pending tasks. They can exert their efforts in the right direction to contribute towards the project’s success (Silvius, 2017). It contributes to the employees’ motivation and morale to increase the project’s success rate with a high retention rate. However, the key challenges in this regard involve developing and implementing an effective communication plan at the workplace (Ika et al., 2020). The threat of confidential information leakage regarding the project is also present. Conclusion Organizing and delegating effective communication skills are the key traits for successful project negotiation. Triple constraints tend to impact the negotiation process marginally. The project manager needs to identify and implement suitable strategies during the project for keeping all the stakeholders informed regarding the project progress References Creasy, T., Fan, Y., & Johnson, N. (2017). Practitioners’ preference: which project planning components offer the most promise?  International Journal of Project Organisation and Management,  9(2), 113. https://doi.org/10.1504/ijpom.2017.085290 Demirkesen, S., & Ozorhon, B. (2017). Impact of integration management on construction project management performance.  International Journal of Project Management , 35(8), 1639–1654. https://doi.org/10.1016/j.ijproman.2017.09.008 Ika, L. A., Söderlund, J., Munro, L. T., & Landoni, P. (2020). Cross-learning between project management and international development: Analysis and research agenda. International Journal of Project Management . https://doi.org/10.1016/j.ijproman.2020.10.005 Meredith, J. R., Shafer, S. M., & Mantel Jr, S. J. (2017).  Project management: a strategic managerial approach. John Wiley & Sons. Silvius, G. (2017). Sustainability as a new school of thought in project management . Journal of Cleaner Production , 166, 1479–1493. https://doi.org/10.1016/j.jclepro.2017.08.121
For this assignment, read the case study, “Acorn Industries” starting on page 180 of your textbook. Once you have read and reviewed the case scenario, respond to the following questions with thorough
Author: Jack R. Meredith; Samuel J. Mantel Jr.; Scott M. Shafer VBID: 9781119369110 Project Management: A Strategic Managerial Approach, Enhanced eText, 10th Edition View Rubric Unit 1- Article Review Topic-Level 4-8.00%-The article is related to course topics. Has the potential to contribute some analysis and offer substantial engagement with course topics. Identification of Premise and Supporting Points (Argument)-Level 5 -23%-Includes accurate identification of article premise, significant points in support of the premise, and the significance of these to the course and/or field. Analysis-Level 5-23%-Presents insightful and thorough analysis with strong arguments and evidence; interpretation is both reasonable and compelling. Course concepts and analytical tools are expertly applied. Citations and References- Level 5-9%-The number of sources meets and exceeds any expressed assignment requirements. Every source used is peer-reviewed or academic in nature. All articles are relevant to the topic. Writing Mechanics-Level 4-8%-Writing is mostly clear and concise. Sentence structure and grammar are strong and mostly correct. Few minor errors in punctuation and/or spelling. General requirements of the assignments are mostly met. Organization Level-4-8%-The organization results in clarity and presents mostly logically arranged points to support the proposed solution. Ideas are grouped fairly well, and there are transitions throughout the document. Style and Formatting Level4-8%-APA guidelines are mostly followed correctly. Reference entries and in-text citations follow APA formatting guidelines and are usually correct. All in-text citations are referenced and vice versa. Unit 2-Case Study Analysis-Level 3-26%-Presents an analysis containing relevant arguments; interpretation is not thoroughly supported and not compelling. Course concepts and analytical tools are sometimes applied appropriately. Content-Level 3-18%- Content is mostly relevant and informative; may stray off topic one or two times. Accuracy-Level 4-8%-Most of the assignment is accurate and shows good attention to detail. Writing Mechanics-Level 5-9%-Writing is clear and concise. Sentence structure and grammar are excellent. Correct use of punctuation. No spelling errors. General requirements of the assignment are met. Citations and References-Level 5- 9%-The number of sources meets or exceeds any expressed assignment requirements. Every source used is peer-reviewed or academic nature. All articles are relevant to the topic. Style and Formatting-Level 5-9%-APA guidelines are correctly followed. Reference entries and in-text citations follow APA formatting guidelines and are free of errors. All in-text citations are referenced and vice versa.