PMP Task 8 Negotiation Process Breakdown

This PMP training video breaks down Task 8 from Domain 1, focusing on how to negotiate project agreements, emphasizing a win-win negotiation philosophy. We cover the five enablers of effective negotiation, including key negotiation skills and concepts like BATNA. This content is vital for your pmp certification journey, enhancing your project management skills and preparing you for the pmp exam. 00:00 Intro 00:10 How to Negotiate Project Agreements: PMP Task 8 Explained 00:40 Task 8: Negotiate Project Agreements 01:20 Why Negotiation Matters on the PMP Exam 01:50 Analyze the Bounds of Negotiation 02:20 BATNA — Best Alternative to a Negotiated Agreement 03:00 Assess Priorities and Determine Objective 03:40 Negotiate for win-win — not win-lose 04:10 Verify the Objective Is Achievable 04:50 Participate in Negotiation 05:30 Determine a Negotiation Strategy 06:20 Watch Out — 3 Common Exam Traps 06:50 Quick Summary — Task 8 07:30 Practice Question 08:20 Answer: C ✓ 09:10 Next up: Collaborate with Stakeholders — PMP Task 9 #PMP #PMPExam #PMPCertification #ProjectManagement #PMPExamPrep