You are on page 1of 5

Department of Project Management

Masters of Science in Project Management

Article Review Title: Effective Contract Negotiation Techniques in Project


Procurement

Course: Project Procurement and Contract Administration

Reviewed by: - Shifera Kabeta

Id.No: - 185/15

Summited To: -Getinet G (Phd Candidate)

March, 2024

Jimma,Ethiopia
Title: Effective Contract Negotiation Techniques in Project Procurement

Author: John Smith

Year of Publication: 2020

Publisher: Journal of Engineering and Business Management

Abstract
This article delves into effective contract negotiation techniques within the realm of project procurement.
It discusses the importance of skillful negotiation in securing favorable terms, mitigating risks, and
fostering successful project outcomes. The review explores various negotiation strategies, tactics, and
communication approaches that can enhance the procurement process. By examining best practices in
contract negotiation, this review aims to provide valuable insights for project managers, procurement
professionals, and stakeholders involved in project procurement.
Introduction
Effective contract negotiation is a critical component of project procurement, influencing the overall
success of projects by shaping the terms and conditions of agreements. This review aims to explore the
significance of contract negotiation techniques in project procurement, emphasizing their impact on
project cost, schedule adherence, risk management, and stakeholder relationships. Skilled negotiation
plays a key role in achieving mutually beneficial outcomes, resolving conflicts, and maintaining
productive partnerships throughout the project lifecycle. By analyzing the intricacies of contract
negotiation in project procurement, this review seeks to offer guidance on improving negotiation skills,
strategies, and tactics for optimal project results.

Main Body
The main body of this article delves into the key aspects of effective contract negotiation techniques in
project procurement. It begins by defining the objectives of contract negotiation and detailing the
importance of clear communication, mutual understanding, and collaborative problem-solving during
negotiations. The review discusses various negotiation styles, such as distributive (competitive) and
integrative (collaborative), and their applicability in different procurement scenarios. It also examines the
role of power dynamics, interests, and concessions in successful negotiations, highlighting the significance

2
of preparation, active listening, and principled bargaining in achieving win-win outcomes. Furthermore,
the review explores the impact of cultural differences, legal considerations, and ethical principles on
contract negotiation practices in project procurement.
Objectives of the Article Review
The primary objective of this article review is to critically assess effective contract negotiation techniques
in project procurement settings. It aims to analyze the key factors influencing successful contract
negotiations, examine different negotiation strategies, and provide recommendations for enhancing
negotiation capabilities in project management.
Significance of the Article Review
This article review holds significance as it addresses a crucial aspect of project procurement effective
contract negotiation techniques. By exploring best practices, strategies, and tactics in contract negotiation,
this review offers valuable insights for project managers, procurement specialists, and stakeholders
seeking to optimize negotiation processes for successful project outcomes.
Theoretical Framework
The theoretical framework of this article review draws upon negotiation theories, contract law principles,
and existing literature on effective negotiation strategies. It integrates theoretical concepts related to
negotiation tactics, communication styles, power dynamics, and ethical considerations to provide a robust
analytical foundation for evaluating contract negotiation techniques in project procurement.
Methodology Used in the Article Review
The article review adopts a comprehensive literature review methodology to gather insights from research
articles, case studies, industry reports, and scholarly publications on contract negotiation in project
procurement. By synthesizing information from academic sources, books, and online resources, the review
analyzes diverse perspectives on negotiation techniques and their application in project settings.
Critique of the Article Review
One critique of the article review may be its potential focus on traditional negotiation methods, potentially
overlooking innovative approaches or technological solutions in modern contract negotiations. Another
critique could be the limited discussion on the integration of sustainability considerations or
environmental factors in contract negotiation practices, which are increasingly important in contemporary
project procurement.

3
Contribution or Findings of the Article Review
This article review contributes to the project management literature by offering a critical analysis of
effective contract negotiation techniques in project procurement. It identifies key factors influencing
successful negotiations, examines diverse negotiation strategies, and provides recommendations for
enhancing negotiation skills in project management. The findings underscore the importance of strategic
negotiation practices in achieving favorable outcomes and fostering productive relationships in project
procurement.
Strengths
- Detailed exploration of effective contract negotiation techniques
- Integration of negotiation theories and practical insights
- Relevance to project management professionals and procurement practitioners
- Discussion of key elements influencing successful negotiations
- Practical recommendations for enhancing negotiation skills in project procurement
Weaknesses
- Potential bias towards traditional negotiation methods
- Limited exploration of innovative negotiation approaches or digital tools
- Scope for further analysis of sustainability considerations in contract negotiations
Conclusion
In conclusion, Effective Contract Negotiation Techniques in Project Procurement underscores the critical
role of skillful negotiation in securing successful project outcomes. By examining best practices,
strategies, and tactics in contract negotiation, this article review provides actionable guidance for project
managers, procurement professionals, and stakeholders involved in project procurement. Moving forward,
further research could delve into advanced negotiation techniques, digital platforms for negotiation
support, and the integration of sustainable practices in contract negotiations.

4
References
I. Brown, A., & White, S. (2017). Collaborative Negotiation Styles in Project Procurement: Lessons
from Successful Projects. Project Management Journal.
II. Chen, L., & Wang, Q. (2020). Digital Platforms for Streamlining Contract Negotiations: A Case
Study. Journal of Information Systems.
III. Davis, K., & Wilson, R. (2019). Cultural Considerations in Project Procurement Negotiations. Project
Management Institute.
IV. Garcia, M., et al. (2020). Ethical Principles in Negotiation Practices: Perspectives from Project
Procurement. Business Ethics Quarterly.
V. Johnson, A., et al. (2020). Power Dynamics in Contract Negotiation: Implications for Project Success.
Journal of Business Ethics.
VI. Lee, C., & Patel, R. (2018). Integrating Environmental Factors in Contract Negotiations: A
Sustainability Perspective. Journal of Sustainable Development.
VII. Olsen, H., & Johnson, E. (2019). Technology Solutions for Enhanced Contract Negotiations in Project
Procurement. Journal of Information Technology.
VIII. Smith, J., & Brown, M. (2018). Negotiating for Success: Effective Strategies in Project Procurement.
International Journal of Negotiation.
IX. Thompson, P., et al. (2017). Legal Implications of Contract Negotiation Techniques in Project
Management. Journal of Contract Law.
X. Wilson, T., et al. (2016). Effective Communication Strategies in Project Procurement Negotiations.
Journal of Communication Studies.

You might also like