BM1 Finals Ass#1

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 1

One key idea that sticks out in the field of negotiation is the identification of shared interests.

This idea
serves as the basis for cooperative and productive negotiating procedures, especially in complicated
situations like building and architectural projects. Finding common ground between the parties to a
negotiation opens the door to more productive conversations and agreements that benefit everyone.

The effective completion of the project is usually the mutual interest in building and architecture
agreements. Every stakeholder, including owners, architects, engineers, contractors, and subcontractors,
wants the project completed on schedule, under budget, without conflicts, and at least somewhat profitable.
Understanding this common interest sets the groundwork for effective collaboration.

It's crucial to remember that, despite the fact that the end objective could be the same, different parties
might have different ideas on what constitutes project success. Thus, it's critical to recognize these
disparities and seize the chance to fortify points of agreement. Negotiators that are skilled take advantage
of differences to develop creative solutions that please all parties, rather than trying to avoid them.

Finding common interests is a process that also helps to foster trust. It is simpler to collaborate and
overcome obstacles when everyone is aware that reaching a successful project conclusion is their common
objective. It creates the conditions for a cooperative, mutually beneficial agreements atmosphere.

Lastly, common interests can be a useful strategy for addressing problems. When disagreements develop,
stakeholders can go back to the common objective of the project's success to identify reasonable
concessions and solutions that are beneficial to everyone. Relying on this shared interest makes it simpler
to get over opposing viewpoints and strive for a peaceful conclusion.

You might also like