An economic view of project coordination

We introduce current thinking from the field of coordination economics and apply it to the coordination needs of construction firms working on a project. A view of construction from an economic lens provides a different view of construction from that normally taken by practitioners and researchers. Combined with cost-time-capacity models of construction firms, we are able to offer a new paradigm for coordination policy in construction. This new paradigm provides an economic basis for the development and adoption of information technology by construction firms.