1. Provide a brief account of the negotiation and the agreed outcome.

Negotiation:

Roleplay Script:

Role: Negotiator

Setting: A meeting room

Participants: Negotiator (N), Management representative (M), Stakeholder (S)

N: Good morning, thank you for attending this negotiation meeting. Our objective today is to come to a mutually acceptable agreement that meets the needs of all parties involved. Let's begin by discussing the issues that need to be resolved.

M: Our main concern is the budget. We have limited funds available and need to ensure that we can deliver the project within the allocated budget.

S: Our concern is ensuring that the project meets the needs of our stakeholders. We need to ensure that the project delivers value and benefits to the community.

N: Thank you for outlining your concerns. In order to move forward, we need to explore possible solutions that meet both of your needs. Can you please provide more details on what each party is proposing?

M: We suggest reducing the scope of the project to fit within the budget. This will mean we may have to cut some features and functionalities.

S: We understand the budget constraints but reducing the scope may impact the benefits the project brings to the community. We suggest exploring alternative funding sources or prioritizing certain features that provide the most value.

N: Thank you for your proposals. It seems like there may be a possible compromise between reducing the scope and exploring alternative funding sources. Can we explore this further?

M: We could explore alternative funding sources but we need to ensure that they are viable and can be secured within the project timeline.

S: We agree that exploring alternative funding sources could be beneficial but we also need to ensure that the project meets the needs of our stakeholders.

N: Thank you for your input. It seems like we may need to do some further research and analysis to determine the feasibility of alternative funding sources and prioritizing certain features. Can we reconvene at a later date to continue our discussion?

M and S: Yes, that would be fine.