The gig economy describes an environment where organizations hire contract or temporary professionals for a brief length of time or some specific tasks. These gig or contractual specialists may consist of subject matter experts, freelancers, contractual workers, advisors but not restricted to only these. The gig workforce works on a workhour basis, i.e., by timesheet monitoring and other by lump-sum project basis in which the whole project needs to be completed in a particular amount by a fixed deadline, which is monitored by the Project Management Team.
