Abstract: Affordable industrial housing is possible due to the high efficiency of production factors, repetition of production process, low cost and economically efficient housing and providing detailed financial and executive plans. Industrial housing mass production requires efficient management to benefit from modern technologies on the one hand and domestic capabilities on the other hand. Insulated Concrete Formwork system (ICF) is of new structural systems that is widely used in many developed countries such as America and Canada. This system consisting of a wall filling with concrete that has permanent formworks where it is considered as a part of wall after concreting and acts as a thermal insulation. According to the studies conducted, we can say in this study that compared with today's traditional and conventional systems as well as new structural systems that have emerged over the past few years, ICF system has had an acceptable performance and perhaps the most important weakness of such system is the need for skilled manpower and relatively high cost raw materials which considering other parameters involved is not a big weakness for the whole system. Also, given the reduced project duration with this system compared to other systems and high levels of energy saving in projects that use this method in the construction, economic benefits can be considered as one of the main features of this system. In this study, after a brief introduction of ICF features, this system will be examined from the perspective of project management and according to three parameters, cost, time and human resources.