Cost Estimation and Budgeting , Risk Variables

* Cost Estimation and Budgeting
An important aspect of cost budgeting is personnel. A current professional issue in the engineering filed is companies using contract engineers like employees, but refusing to actually make them employees. Thus, they effectively work for a company for years in a contract status rather than in a full-time employee status. On the other hand, there can be an ethical issue with refusing to transition an employee to full-time status.
Discuss what motivates an employer to use temporary or contingent employees, and explain the ethical implications on the individual, society, and the profession of keeping an individual in that status. What criteria might be used to determine when to change an individual’s status? Consider ethical problem solving strategies from ET100 where appropriate.
* Risk Variables
Question A:
What are some of the typical risk variables of your project? Discuss any additional risks that are most likely to occur in your project. How will you mitigate these risks?
Question B:
For most projects, the key resources to be managed are the project team personnel. Explain in what sense project team personnel are often the project’s most critical resource.
** please Provide references. **
Thanks