“What is VUCA?” you ask. It used to be an obscure acronym, first used in 1987 by the US military to describe the new, post-Cold War, multipolar geopolitical reality. Today it’s a trendy term used by the corporate world to describe the reality we live in. Ever since the pandemic broke out, we live in Volatile, Uncertain, Complex and Ambiguous times. What used to be predictable isn’t any longer. Why? Markets (in general) and their sectors such as the construction sector, are multifaceted and can be affected by many different variables such as labour, materials, financing and even so-called acts of God such as wars and pandemics. All of these variables are co-dependent, but when one variable runs amok, in construction for example, investors and general contractors can compensate or accommodate. With the pandemic, we are now witnessing all the variables that affect the construction market running wild. Here is short and simplified rundown of the predicament we find ourselves in today.