On-Site Magazine

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Risk Management

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On-Site contributor Jacob Stoller takes home prestigious business publication award

April 12, 2018 On-Site Staff

On-Site Magazine contributor Jacob Stoller has been honoured for one of his latest efforts to instil a new generation of business leaders with the skills to boost profitability and empower employees through lean practices. The U.S.-based Shingo Institute announced earlier

Feature Article Risk Management

When global construction catches a cold

March 12, 2018 David Bowcott

There is no doubt about it, the construction industry has globalized quite significantly over the past 20 years and there are both advantages and disadvantages to the world’s biggest players creating a global service footprint. Not to be a downer,

Feature Article Risk Management

Take a step back for strategy

February 20, 2018 David Bowcott

Late last year I was asked to speak at a Cities conference that was put on by Builtworlds, a network and community that links key stakeholders of the construction and asset management industry, with those in the tech sector. Matt

Feature Article Risk Management

The value of disciplined project contingency development

December 15, 2017 David Bowcott

The primary defense against margin erosion is the project contingency. Construction is not a predictable business, and the project contingency is that all encompassing pool of capital dedicated to each project, which provides much needed funding when the unexpected happens.

Feature Article Risk Management

BIM drives productivity gains in construction sector

September 7, 2017 David Bowcott

Everyone has seen the graphs that show construction on a downward productivity trend while other industries boast solid productivity gains. The following is a productivity graph that was produced by McKinsey & Co. that compares productivity in construction to that

News Risk Management

BIM drives productivity gains in construction sector

September 7, 2017 David Bowcott

Everyone has seen the graphs that show construction on a downward productivity trend while other industries boast solid productivity gains. The following is a productivity graph that was produced by McKinsey & Co. that compares productivity in construction to that

Feature Article Risk Management

Is the project finance industry digging deep enough?

June 20, 2017 David Bowcott

Every project needs money to move forward. Those funds are made up of equity and debt. The equity is contributed by the owner (or the concessionaire of the project) as a first layer of defense against project failure. The remainder

Feature Article Risk Management

Future disruption and the race to collective intelligence

April 20, 2017 David Bowcott

If ever there were an industry ripe for disruption, it is construction. Mega-trends like globalization, asset management, and new technology are beginning to turn this long unchanged industry inside out. So, how do industry players stay on the winning side

Feature Article Risk Management

Material risk events in P3s: Causes and potential solutions

March 16, 2017 David Bowcott

In the February issue we talked about material risk events that manifested in the Canadian P3 space up to 2011 and up to 2016. In this issue, I will focus on what is causing these risk events and how we

Feature Article Risk Management

Material risk events in P3s: 2011 vs. 2016

February 22, 2017 David Bowcott

As some of you may be aware, the firm I work for (Aon) has more than 2,500 construction clients, and 13 of the top 15 Canadian contractors as clients. We have also acted as risk advisor and broker to a

Feature Article ConstructionRisk Management

Is Canada becoming the world’s most advanced asset management economy?

December 20, 2016 David Bowcott

No matter where I go these days it seems like every economy, both governments and corporations, are toying with new ways to design, build and operate their physical assets. The over-arching trend behind this long-term capital concept is Asset Management.

Feature Article ConstructionRisk Management

Risk Column: Creating design risk awareness

October 14, 2016 David Bowcott

I have spent a lot of time mining and developing data recently. It seems the insurance sector has the richest repository of failure data in the world, and given the growing demand for failure data quants, I had no choice but

News ConstructionInfrastructureRisk ManagementSkills DevelopmentSoftware / Hardware

KPMG report: Construction companies struggle to gain full benefits of technology

September 13, 2016 KPMG

Despite substantial investments, the construction industry is struggling to gain the full benefits of technologies including advanced data and analytics, mobility, automation and robotics. That’s the key finding from Building a technology advantage – Global Construction Survey 2016, the annual

Feature Article Risk Management

Sizing and recovering impact costs from insurance

August 29, 2016 David Bowcott

The prime contractor is like the conductor of an orchestra, ensuring all musicians know their role. If one player misses their cue, the entire orchestra is disrupted, and the performance fails. Insurance plays a key role in preventing and mitigating

Feature Article Risk Management

Invest in human capital for productivity and profitability

June 22, 2016 David Bowcott

This issue of On-Site has a focus on investment in research and development (R&D). When we think of R&D within the construction sector, most people think of investment in solutions related to design or project management software, construction materials, asset

Feature Article Risk Management

Invest in innovation to drive productivity and lower risk

April 26, 2016 David Bowcott

For as long as I can remember the construction industry has been hammered by academics, government and business leaders for having low productivity measures compared to other industries. The sector has also been criticized for poor productivity – being amongst

News ConstructionHealth & SafetyInfrastructureLabourMachine ControlRisk Management

Hydro Ottawa fined over fatal accident

March 30, 2016 On-Site Magazine

Hydro Ottawa has been convicted and ordered to pay $225,000 following the death of a worker and two others being injured when a boom truck came in contact with a live wire. In March, 2012, workers employed by a subcontractor

Feature Article ConstructionInfrastructureRisk Management

Never pass on the opportunity to look yourself in the mirror

March 18, 2016 By David Bowcott

The primary difference between an average company and a great company is that the great company will check its ego at the door. Throughout my years, no matter the size, location, or type of work performed, the companies that excel

News ConstructionConstruction MaterialsHealth & SafetyHeavy EquipmentInfrastructureMachine ControlRisk Management

PCL raises the roof on BMO Field

February 22, 2016 On-Site Magazine

VIDEO: South roof canopy lifted into place by two crawler cranes

News AsphaltBridgesConcreteConstructionFinancingInfrastructureP3sRisk ManagementRoads

Three teams shortlisted for P3 Finch West LRT bid process

February 22, 2016 On-Site Magazine

Three teams have been shortlisted to bid on Toronto’s Finch West Light Rail Transit (LRT) project, according to a release from Infrastructure Ontario. The teams were selected based on criteria identified in the Request for Qualifications process that began in September,



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