Showing 25–36 of 225 resultsSorted by price: high to low
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Skill Bit
€ 10.00
This Skill Bit shows that project contract changes can arise from various factors affecting scope, timeline, and resources. Key triggers include scope adjustments, budget revisions, schedule changes, resource allocation, regulatory compliance, force majeure events, quality standards, technology updates, client requests, vendor changes, contractual errors, change orders, disputes, risk mitigation, and performance improvements. Effective management and…
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Skill Bit
€ 10.00
This Skill Bit shows that project changes can arise from various factors such as process development, technology transfer, client or contractor requests, design evolution, capacity needs, functionality improvements, operability, regulatory compliance, environmental and safety concerns, quality enhancements, constructability, value engineering, errors, and market conditions. Effective contract management and communication are crucial to address these changes…
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Skill Bit
€ 10.00
This Skill Bit shows that a negotiation team comprises carefully selected individuals tasked with representing an organization during negotiations. Its composition varies based on negotiation complexity. Key members include the lead negotiator, technical experts, legal advisors, financial advisors, and communication specialists. Additional stakeholders may be involved as needed. Success hinges on cohesive teamwork, thorough preparation,…
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Skill Bit
€ 10.00
This Skill Bit shows that power of attorney is a legal tool granting one person, the “agent,” authority to act on behalf of another, the “principal.” It spans legal, financial, and other matters and can be customized. It can be limited or broad, temporary or enduring, depending on the principal’s needs. Common uses include financial…
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Skill Bit
€ 10.00
This Skill Bit shows that in negotiations, “goes” and “no-goes” are pivotal decision points indicating whether negotiations proceed or cease based on predefined criteria. For instance, a “go” decision aligns with strategic goals and offers acceptable terms, while a “no-go” signifies unfavorable terms or excessive risks. These points aid in risk management, strategic alignment, and…
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Skill Bit
€ 10.00
This Skill Bit shows that deal breakers in negotiations are pivotal issues or conditions crucial for deal success. These non-negotiable terms can emerge at any stage, covering price, terms, or legal compliance. Addressing them early is essential, especially concerning legal or ethical concerns and incompatible goals. Unacceptable risk perception can also hinder deals. Identifying and…
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Skill Bit
€ 10.00
This Skill Bit shows that stakeholder analysis is pivotal for understanding the diverse individuals or groups invested in a project’s success. By identifying, categorizing, and analyzing stakeholders, organizations can tailor engagement strategies to meet their needs. Developing a robust stakeholder engagement plan ensures effective communication and resolution of conflicts. Continuous monitoring and adaptation further strengthen…
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Skill Bit
€ 10.00
This Skill Bit shows that context analysis involves a thorough examination of internal and external factors shaping a business or organization’s environment. By defining the scope, identifying internal and external factors, assessing their impact, and developing insights and recommendations, it lays the groundwork for strategic decision-making. Regular monitoring and review ensure adaptability to evolving circumstances,…
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Skill Bit
€ 10.00
This Skill Bit shows that scenario analysis is a strategic process evaluating potential future impacts on a business. Steps involve identifying key uncertainties, crafting plausible scenarios, analyzing likelihood and impact, devising response strategies, and continuous monitoring. By foreseeing diverse outcomes and preparing tailored responses, organizations bolster resilience, mitigate risks, and enhance adaptability in dynamic environments….
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Skill Bit
€ 10.00
This Skill Bit shows that negotiation set-up is the strategic groundwork preceding any negotiation, ensuring readiness and informed engagement. Key steps include gathering comprehensive information, setting clear objectives, devising a strategic plan, preparing persuasive messages, identifying BATNA, and planning logistics. Thorough preparation establishes a strong foundation for navigating complexities, adapting to challenges, and effectively achieving…
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Skill Bit
€ 10.00
This Skill Bit shows that a negotiation mandate is a guiding document for negotiators, detailing objectives, boundaries, decision-making authority, time constraints, and communication protocols. It empowers negotiators to act on behalf of their entity or client within defined parameters, enhancing the likelihood of a favorable outcome while aligning with strategic objectives. Duration approx. 3 Min….
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Skill Bit
€ 10.00
This Skill Bit shows that negotiations in business span diverse topics, including price, payment terms, scope of work, quality standards, intellectual property, liability, indemnification, and contract duration. These discussions aim to align interests, manage risks, and define parameters for successful collaboration. From defining deliverables to clarifying ownership rights, negotiations navigate complexities to establish mutually beneficial…
