nerdexam
BCS-ISEB

ISEB-PM1 · Question #66

You are negotiating with a seller. Time is of the essence but you have a limited budget, and the seller knows this. What is your BEST negotiating strategy under these circumstances?

The correct answer is C. Negotiate identified risks. You've hit your session limit · resets 10:20pm (America/New_York)

Project Planning

Question

You are negotiating with a seller. Time is of the essence but you have a limited budget, and the seller knows this. What is your BEST negotiating strategy under these circumstances?

Options

  • AFocus the negotiation on seller's profit margin in order to decrease the project cost.
  • BNegotiate to get the work done even sooner than necessary in order to add a reserve.
  • CNegotiate identified risks.
  • DArrange to reschedule the negotiation until you can acquire information of which the seller is

How the community answered

(36 responses)
  • A
    17% (6)
  • B
    3% (1)
  • C
    75% (27)
  • D
    6% (2)

Explanation

You've hit your session limit · resets 10:20pm (America/New_York)

Topics

#procurement negotiation#budget constraints#risk negotiation#seller relationships

Community Discussion

No community discussion yet for this question.

Full ISEB-PM1 Practice