Examsnet
Unconfined exams practice
Home
Exams
Banking Entrance Exams
CUET Exam Papers
Defence Exams
Engineering Exams
Finance Entrance Exams
GATE Exam Practice
Insurance Exams
International Exams
JEE Exams
LAW Entrance Exams
MBA Entrance Exams
MCA Entrance Exams
Medical Entrance Exams
Other Entrance Exams
Police Exams
Public Service Commission (PSC)
RRB Entrance Exams
SSC Exams
State Govt Exams
Subjectwise Practice
Teacher Exams
SET Exams(State Eligibility Test)
UPSC Entrance Exams
Aptitude
Algebra and Higher Mathematics
Arithmetic
Commercial Mathematics
Data Based Mathematics
Geometry and Mensuration
Number System and Numeracy
Problem Solving
Board Exams
Andhra
Bihar
CBSE
Gujarat
Haryana
ICSE
Jammu and Kashmir
Karnataka
Kerala
Madhya Pradesh
Maharashtra
Odisha
Tamil Nadu
Telangana
Uttar Pradesh
English
Competitive English
Certifications
Technical
Cloud Tech Certifications
Security Tech Certifications
Management
IT Infrastructure
More
About
Careers
Contact Us
Our Apps
Privacy
Test Index
PMP Certification Practice Test 3
Show Para
Hide Para
Share question:
© examsnet.com
Question : 25
Total: 72
As a project manager, which of the following do you think is the main objective of having contract negotiations ?
To get the most return on investment
To get the most benefit from the other party while minimizing your own expenditure
To decide the specific objectives and responsibilities on the project
To protect the relationship
Validate
Solution:
The purpose of negotiations is not to extract the most benefit from the other party ( Not to create a Win- Lose situation). Instead, It is to protect the and build a long term working relationship where both parties are able to reap benefits.
© examsnet.com
Go to Question:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
Prev Question
Next Question