Ford believes that Coleman has done a good job and revealed that there have already been talks about extending his deal.
"We've got Chris until November and we've entered into discussions," FAW chief executive Jonathan Ford told Sky Sports News. "Of course, there were some disappointing results but we've had conversations with Chris very recently and he'll want to take stock and evaluate the campaign.
"We will do exactly the same and we'll come back and have a discussion about how we go forward together. He will have his own plans and we will want to have those talks in a timely fashion.
"I think on the whole he has done a very good job and we need to be understanding of the circumstances of how he took over the team. I think he could be the right person to take us forward and hopefully look for qualification to Euro 2016."
Wales finished fifth in Group A of World Cup qualifying, but ended with positive results against Macedonia and Belgium.