Construction projects typically generate a large volume of information from various and widely varying sources at different levels of detail. From this quantitative data, project managers need correct (precise, factual), timely and quality (efficient) information for decision making. Any lag or lack of information, or its quality and level of detail can potentially cause project delays, cost overruns, loss of quality and the spearheading of claims and conflicts. In spite of this, what may appear to be a well known fact, most construction companies in Iran do not have any clear or standard framework for organization of seamless information management systems for the documentation, archiving, evaluation and reporting (transfer?) of construction project related information.This study addresses project information handling from widely different sources in the form of reports and documents, and its systemization. It does not claim to evaluate and analyses information for the purpose of project planning or cost estimation.