The objective of this week’s topic is to make sure you have an appreciation of the Role of the...

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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...

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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 this week’s lecture:-

1) What is the Consequence of Disputes, Claims, Variations, and Arbitration?

2) How can we Avoid Disputes, Claims, Variations, and Arbitration?

3) What happens if we don’t Avoid Disputes, Claims, Variations, and Arbitration?

Walker & Walker XXXXXXXXXXdiscuss their Study Approach what are your thoughts regarding:

1) Does the World View of the Researchers Matter?

2) Has the research been adequately Validated?

S.O. Cheung & and P. T. Chow in 2011 consider the topic of Withdrawal in Construction Project Dispute Negotiation; what are your thoughts regarding:

1) Are the assumptions in Cheung & Chow’s research and hypotheses reasonable?

2) Are the results of the true and false Hypotheses believable in your experience?

In conclusion to this week:

1) Do the ideas in Chapter 5 help in structuring your thoughts around Commercial Project Negotiation?

Walker & Walker XXXXXXXXXXin Chapter 6 of their research paper have identified four sets of KSAE that are required in varying intensities across the board in RBP.

1) What does KSAE stands for and what are the four identified KSAEs

2) Briefly discuss, how Project Management KSAE impacts upon the management of projects.

qfile_636828733363785973_124005_1.pdf

Answered Same Day Jan 12, 2021

Sarabjeet · Accepted Answer

Project Management
Project Management
Project Management
Student Name
University Name
Unit Code
Contents
Part 1	3
Solution 1	3
Solution 2	3
Solution 3	3
Part 2	4
Solution 1	4
Solution 2	4
Part 3	4
Solution 1	4
Solution 2	4
Part 5	5
Solution 1	5
Part 6	5
Solution 1	5
Solution 2	5
References	6
Part 1
Solution 1
Disputes always affect the productivity and performance of a project. Disputes, Claims, Variations, and Arbitration, are the major shortcomings in the project completion within goals and objectives. All these affect stakeholder’s interests in connection with large investments; they also reduce profits moreover are extremely unprofitable and expensive.
Solution 2
While selecting project contractors, there is a need to ensure that contractor is not selected according to the lowest bid to avoid Claims, Variations, Disputes, and Arbitration. Selected contractor should have sufficient experience, financial capability, technical capability, and also have sufficient manpower for project execution. 
Solution 3
If we don’t avoid Claims, Variations, Disputes, and Arbitration then we waste quality of the work, wasted resources, time overrun, lack of innovative ideas, idling of the resources,

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...

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