Hard1 markMultiple Choice
PMP · Question 8 · Task 8: Negotiate project agreements
A project manager is negotiating a service level agreement (SLA) with a vendor. The vendor insists on a 48-hour response time, but the project stakeholders require a 24-hour response time to minimize downtime risks. Negotiations have stalled. What is the BEST strategy?
A project manager is negotiating a service level agreement (SLA) with a vendor. The vendor insists on a 48-hour response time, but the project stakeholders require a 24-hour response time to minimize downtime risks. Negotiations have stalled. What is the BEST strategy?
Answer options:
A.
Accept the 48-hour term to sign the contract and manage the risk internally.
B.
Demand the 24-hour term or threaten to cancel the contract negotiation.
C.
Explore the vendor's constraints and propose a tiered support model with higher costs for critical incidents.
D.
Split the difference and agree on a 36-hour response time.
How to approach this question
Look for the 'Win-Win' or integrative negotiation approach.
Full Answer
C.Explore the vendor's constraints and propose a tiered support model with higher costs for critical incidents.✓ Correct
C
Understanding the underlying interests (vendor's cost/staffing vs. project's risk) allows for a solution like tiered support that satisfies both.
Common mistakes
Choosing compromise (D) or hardball (B) instead of collaboration.
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