Managing construction projects usually involves some conflicts which may occur among the stakeholders, main contractors and/or among main contractors and sub-contractors. However, achieving a win-win situation is the most desirable one for every player, but sometimes, players’ decisions lead to the worse and critical conditions for all involved parties in the construction projects. These conflicts can occur during the executing of the project because any parties involved in the project may act on behalf of themselves whereas in game theory approach benefits of whole parties are considered.