ABSTRACT
Information and Communication Technologies (ICT) enable reduction of the coordination time. For example, a family house can be ordered online. But also building companies can order online, for example material needed from the material production company (Kirchbaum 2001). In addition, new production technologies, material trends (sandwich plates, glass, aluminium) and component assembly enable a building to be finished in 3 days. Also, the end customers transfer the expectation of rapid technical innovation in other branches into the construction industry. By way of example we may mention the fact that new mobile phones with additional functions are available every two years. Thus, there is an expectation that also a building can be adapted to the customers’ new preferences every few years (Schwengeler 2007). The construction industry in Las Vegas may serve as an example. It has realized this expectation and as a consequence it replaces existing buildings by new ones every 3 years. There is a great economical interest to meet tourism requirements and to present new buildings every 3 years. This is due to the fact that the attractiveness of the buildings is one of the reasonswhy tourists come to Las Vegas. Consequently, buildings are an essential competitive factor in Las Vegas. As the buildings present a key performance indicator, the flexibility of the construction industry inLasVegas has
increased enormously, based on the implementation of integrated risk management.
