Compromising Notes: Definitions & Explanations PDF | Download eBooks
Study Compromising lecture notes PDF with project management definitions and explanation to study What is Compromising?. Study compromising explanation with project management terms to review project management course for online MBA programs.
Compromising Definitions:
In the compromising approach, team members search for an intermediate position.
Successful Project Management by Jack Gido and James P. Clements
Compromising refers to searching for solutions that bring some degree of satisfaction to all parties in order to temporarily or partially resolve the conflict.
A Guide to the Project Management Body of Knowledge by Project Management Institute
To compromise is to bargain or to search for solutions so both parties leave with some degree of satisfaction.
Project Management: A Systems Approach to Planning, Scheduling, and Controlling by Harold Kerzner?
Compromising Notes:
Conflicts are a part of project. A project manager must identify the conflicts among the team members and the reasons behind them in order to resolve them. A project manager may take on different approaches to achieve resolution. One of the approach to handle conflict is called compromising. In this approach, an intermediate way of doing things is searched for and adopted. The members try to split the differences. A conflict where each party wants to perform the task according to it, a neutral way of doing the same task is identified and implemented. For example, if the customer insists that the project budget should be Rs. 1,50,000 and the contractor wants it to be Rs. 2,00,000, the difference can be split up and the decided budget can be Rs1,75,000 according to the compromising approach.
Keep Learning with Project Management Notes
What is Activity?
In the process of planning a project, the first step is to identify the activities associated with the project. An ...
What is Just-in-Time Manufacturing?
In quality management, a concept of Just-in-Time is generally used. Just-in-time manufacturing is a type of manufacturing which focuses on ...
What is Groupware?
Due to globalization, individuals living in different countries or cities are added to the project team. As communication among the ...
What is Lag?
The project related activities are defined and the relation between the activities are established and understood. After that, the project ...
What are Internal Failure Costs?
Everything comes with a cost. When an organization tries to reduce the costs associated with non-conforming products, still costs related ...
What is Evaluation Criteria?
The proposals from different contractors are evaluated by the customers based on some criteria. These are called evaluation criteria. Evaluation ...