Many parties are involved through the planning, design, and construction phases to accomplish a construction project. The organizational relationship among owner, architect/engineer, and contractors plays an important role during project delivery. Due to asymmetric information and interest conflict between principals and agents, agents may take actions that could violate the interests of principals. Such actions include architect/engineer's offering an over- designed plan for increasing his own compensation, contractor's shirking in delivering disqualified projects. To help owners understand agent problems in construction organization and successfully deliver projects, this paper identifies the agent problems that frequently occru in the process of design and construction. Based on owner's viewpoint. The study applies agent theory to analyze the characteristics, causes, and effects of agent problems in construction organization.