5 Strategies for Conflict Resolution 
There is a saying, wherever there are more than two human beings politics prevail. Hence, it is very common to have conflicts between human beings working on for a project. PMBOK® Guide 5thEdition talks about five strategies for conflict resolution. Conflicts are nothing but a difference of opinion. Conflict resolution is nothing but to agree on a common consensus from where the project can be successfully planned, executed, monitored & controlled and closed. But why do we need not to have conflict is because we want happiness and as J.Krishnamurthy puts it “Happiness is not to be bought, nor does it come when you go after it; but it is there when there is no conflict.1”
| 
Strategy | 
Description as per PMBOK® Guide 5th  Edition2 | 
Explanation | 
| 
Withdraw/   Avoid | 
Retreating from an actual or potential conflict   situation; postponing the issue to be better prepared or to be resolved by   others. | 
This is a situation where we know that we can't win   the argument, or we feel that it is not even worth arguing with the   individual with whom we have the conflict just because we perceive that the   individual is ignorant. This is a situation where the stakes are low and we   know we can't win at all and save our reputation. May be sometimes we believe   that the problem gets solved all by itself over a period of time. | 
| 
Smooth/   Accommodate | 
Emphasizing areas of agreement rather than areas of difference;   conceding one’s position to the needs of others to maintain harmony and   relationship | 
In this kind of conflict you just smoothen the situation by   maintaining harmony and you just tell the team members that the situation is   not so bad as they think and smoothen it to control their tempers.  | 
| 
Compromise/   Reconcile | 
Searching for solutions that bring some degree of   satisfaction to all parties in order to temporarily or partially resolve the   conflict. | 
This is a lose-lose situation. This is a situation   where both parties want to win, but in reality it is not possible. So both   parties lose something. This happens when there is an equal relationship   between the parties who are in conflict. And under any circumstance you want   to avoid fight among the parties. | 
| 
Force/   Direct | 
Pushing one’s view point at the expense of others; offering only   win-lose solutions, usually enforced through a power position to resolve an   emergency. | 
This is a win-lose situation. This is the situation where you feel   that you are right and the other party is not right and you force your   discretion on other party so that you gain power and you don’t give high   priority to the relationship. Priority is given only to time and stakes are   very high if the task is not finished in time. | 
| 
Collaborate/   Problem  Solve | 
Incorporating multiple viewpoints and insights from   differing perspectives; requires a cooperative attitude and open dialogue   that typically leads to consensus and commitment. | 
This is a win-win situation. This is the situation   where both parties trust each other and have enough time to tackle the   situation. This kind of a situation is where the main objective is to learn   from the situation and use it as an opportunity to explore and take some   preventive or corrective action. In this case the maintenance of relationship   is very important. | 
The Thomas / Kilmann model of Conflict resolving techniques is graphically represented in the figure below.
References: 
1.     J. Krishnamurti, Life Ahead - Part One Chapter 16
2.     PMBOK® 5th Edition, Page 283
