To ensure on-time and on-quality delivery of products and services, the resource integrating process within/across organizations, and the ability to manage changes and tensions are crucial. Starting with a dynamic view of resources and actor-to-actor orientation, this research will integrate the divergent directions in project management research and cooperation research in regard of factors that influence team cooperation in project execution. Project, as temporary organizational form, is characterized as lacking of repeated process and stable structure. From institutional perspective, the institutional misalignments in projects are assumed to be relatively significant than in other circumstances. Based on the qualitative data collected from two international Business-to-Business companies, this research intends to provide an institutional model for misalignment reconciliation in projects.