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)- A17% (6)
- B3% (1)
- C75% (27)
- D6% (2)
Explanation
You've hit your session limit · resets 10:20pm (America/New_York)
Topics
#procurement negotiation#budget constraints#risk negotiation#seller relationships
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