Overview
This course is a practical, hands-on guide through modern business negotiations, based on real life and case study scenarios. This course takes a close look at how to prepare for and manage negotiations to achieve the most mutually beneficial outcomes.
Topics are addressed using interactive learning techniques which ensure that knowledge is assimilated in an enjoyable and stimulating environment.
Defining negotiation. Understanding negotiation styles. Principled negotiation vs. positional bargaining. The negotiation process.
Preparing to negotiate (based on principled negotiation)
Planning for a successful relationship with the other party. Understanding interests of the negotiation parties. Inventing options for an optimal solution.
Defining what you are, and are not, willing to negotiate by defining your ideal and next best outcomes, your BATNA and WATNA (best / worst alternative to a negotiated agreement).
Identifying the ZOPA (zone of possible agreement) and MESO (multiple equivalent simultaneous offers) to help facilitate an agreement.
Conducting negotiation
Working with the negotiation life cycle. Tools and concepts supporting the negotiation process. Options for trading concessions. Using assertiveness and effective communications skills to facilitate a successful outcome. Overcoming negotiation challenges. Actions required to effectively close the negotiation and establish next steps.
By the end of this course, participants will have the ability to:
- Provide a robust explanation on what constitutes a successful negotiation
- Select the most appropriate negotiation approach and style to gain required result(s)
- Adequately plan and prepare for a negotiation session
- Use appropriate tools and techniques to engage in a negotiation session leading to an optimal solution
- Take appropriate steps to enhance the success rate of negotiated agreements
Trainers of this course will use a practical delivery approach to provide participants with a ‘hands-on’, multi-faceted and challenging learning experience. The trainer will also draw heavily upon the experiences and challenges of the individual.
Participants will be actively engaged in negotiation scenarios consistent with a ‘learning by doing’ approach to knowledge transfer.
This course can be held on-site or at our premises. All courses can be customised to suit your requirements, using tailored case studies to better reflect your business operations and typical negotiation situations. The course may be increased to 2 days upon request.
Materials: A comprehensive participant handbook is provided.
Participants who have been awarded the Project Management Professional (PMP)® credential by the Project Management Institute (PMI)® are eligible to earn 7 PDUs for their participation in this course (7 Leadership).
Participants holding any of the Project Management accreditations (CPPP/ CPPM/ CPPD) are eligible to earn 14 CPDs for this short course.
There are no formal prerequisites for this course.
WHERE IS THE TRAINING VENUE LOCATED?
Sydney courses are held at 45 Clarence Street, Sydney.
Melbourne courses are held at 123 Queen Street, Melbourne.
I REQUIRE AN INVOICE BEFORE PAYMENT IS PROCESSED – CAN I STILL BOOK THIS COURSE ONLINE?
Yes. Simply select ‘invoice’ from the payment options during the checkout process and one of our consultants will be in contact to organise payment.
IS THIS A CERTIFIED COURSE?
No. There are no certifications or exams undertaken in this course. However, you do receive a Completion Certificate from PM-Partners group.
Our website offers three payment options for training courses. When you select "BOOK NOW" you will be taken to the checkout. Step two: "Billing Details" is where you can select from the three payment options:
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- Bank Transfer: We cannot guarantee your registration(s) until your payment is cleared (bank transfers take 3 days to process). Instructions for payment by bank transfer will be provided at the end of the order process.
- Invoice: An invoice will be sent to you after you complete the booking. Payment is required 14 days before the course start date. If you're buying within 14 days, you need to arrange payment ASAP with a minimum of 72 hours before course start date.
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There is great benefit to be derived from enhanced negotiating skills both on a personal and professional level. This course is designed for all managers and staff involved at any level in negotiation; large or small, formal or informal.
Course Information
Duration: 1 day
Development Units: 7 PDUs
Exam: No exam, workshop only