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There has been considerable development in a process approach in construction management research in recent years. However, such work begs the question of how those processes are governed. Processes, be they flows of information or materials, need to be channelled in the desired direction as they are handed from team to team. This paper aims to present a conceptual framework for understanding the governance of construction project processes, drawing on transaction cost economics. Earlier attempts to apply this theoretical framework in construction management research have been partial, in that they have focused on only one type of transaction, typically that between client and principal contractor. This paper aims to be comprehensive in covering all the different transactions throughout the project lifecycle within one conceptual framework, and thereby it is hoped that more incisive empirical research can be developed and executed.
Graham Winch (Sat,) studied this question.