By John Yeung, Vice President, Beacon Consulting Group, Inc. Whether you’re new to the construction industry, a professional from a related field (surety claims, insurance, law, or finance), or an owner looking to better understand your project, this glossary breaks down over 50 of the most commonly used — and sometimes misunderstood — construction terms. From contracts to job-site lingo, this is your go-to cheat sheet...
Happy Memorial Day Weekend! 🎉 As we celebrate Memorial Day this weekend, let’s honor and remember the brave men and women of the U.S. Armed Forces who made the ultimate sacrifice for our country. Their courage and dedication are an inspiration, and we are forever grateful for their service. From all of us at Beacon Consulting Group, I hope your weekend is filled with fun, relaxation, and everything you enjoy most!
The construction industry is experiencing a technological revolution, and robotics is at the forefront of this transformation. From automated bricklaying to robotic arms assembling prefabricated structures, innovative machines are improving efficiency, reducing labor shortages, and enhancing safety on job sites. In this article, we explore how robotics is already shaping construction and what advancements we can expect in the near future...
When a construction project runs into serious trouble, Surety companies are often called upon to step in. As a construction consulting firm specializing in turning around troubled projects on behalf of Surety companies and project owners, we’ve seen firsthand the most common reasons why projects fail and, more importantly, how to get them back on track. In this article, we review five common root causes of construction project failures and some strategies to address them...
Securing a construction site is critical to ensuring the safety of personnel, protecting valuable assets, and maintaining project timelines. Construction sites are often vulnerable to theft, vandalism, and unauthorized access due to their temporary nature and the presence of expensive equipment and materials. As construction consultants, we recognize that a comprehensive security strategy is an important part of a successful project management plan...
Dan Newcombe is a seasoned construction expert with 28+ years of experience working on domestic and international projects. Dan has extensive hands-on experience managing virtually every aspect of a construction project. His knowledge, experience, and incredible interpersonal skills make Dan an invaluable member of Beacon's team. We caught up with Dan recently and asked him some questions about working in the Construction Consulting field (click below for Dan's full profile and interview).
You may have seen the amazing video clips and photos on the news (or on social media) about the unique new music and entertainment venue which opened recently in Las Vegas, known simply as "Sphere." The massive spherical structure is covered (inside and out) with high-definition LED screens that can create visually stunning immersive experiences. Sphere officially opened on September 29, 2023 when the Irish Rock band U2 performed there, kicking off U2's 36-show residency at the venue...
The Roman Empire started expanding beyond the Italian peninsula in the 3rd Century B.C. By the second century AD, the Roman empire ranged from Britain’s Atlantic coast to Mesopotamia in the east (the current location of Iraq) and down to North Africa in the south. It is estimated that more than a 20% of the world’s population was under Rome's rule at the peak of the Empire's power. One legacy left behind from this great Empire are the ruins of many buildings, amphitheaters, roadways, seawalls, sewer systems, bridges, and aqueducts which are now historic sites scattered across Western Europe and other areas...
On September 8, 2022, a groundbreaking ceremony was held at New York City's John F. Kennedy International Airport (JFK) to kickoff the first phase of a $9.5-billion construction project at the airport (see renderings in full article). In cooperation with a consortium of private financial sponsors ("New Terminal One"), the Port Authority of NY & NJ announced the start of construction on a new, state-of-the-art, 2.4-million-sf international terminal which will be located on the south side of JFK. The project is expected to create 10,000 jobs, including 6,000 jobs in construction. The new Terminal One will reportedly be more than twice the size of JKF's current Terminal 1 and Terminal 2 combined...
If you have visited the greater Boston area in the past two years, you most likely noticed one or more major construction projects underway or at least spotted some giant cranes looming in the distance. The city currently has many large construction projects underway, including major projects in the commercial, residential, educational, R&D, and public housing areas. The city's diverse economy is driving the need for new commercial space, particularly in the areas of biotech/life sciences, consulting, and technology. As a well-established center for higher education and a leading destination for young professionals seeking career opportunities in growing industries, the demand for residential space has also been growing fast. Click below for full article and project photos...
