A beam's load capacity is determined by its yield point, which indicates when it will begin to deform permanently. Exceeding the specified load does not necessarily mean the beam will crack immediately, but it can lead to permanent deformation. Safety factors are crucial in engineering to account for uncertainties and ensure structural integrity, as direct testing can weaken the beam. Specifications like ASTM govern material properties and performance standards, ensuring quality control during manufacturing. In reinforced concrete structures, cracks are common due to the material's low tensile strength, and design philosophies vary between Allowable Stress Design and Load and Resistance Factor Design.