Caption: On large construction projects, interdependence, time pressure, and uncertainty generate huge - and largely unanticipated - volumes of coordination and rework overhead that can overwhelm even the most dedicated organizations. On global projects, there is yet another layer of hidden coordination and transaction costs -- the costs of harmonizing divergent values, cultural norms, work practices, and technical standards of project participants who originate from a range of nationalities.

Reference: Projects in Unfamiliar Markets: Challenges and Strategies, A Presentation by Ryan Orr.