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Q.1. Considering the following Case Scenario and answers the following questions. [20 marks] You have been working as a Project Manager in IT Company for

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Q.1. Considering the following Case Scenario and answers the following questions. [20 marks] You have been working as a Project Manager in IT Company for last three years. Now you are assigned in a project of a Payment Gateway that should be developed within 2.5 years and the total budget is one million dollar. However you have multiple options to develop the payment gateway for the customer like PayPal Following are the detail of options; (A). Hire a team of fifty techies and start the project from scratch (B). Joint venture with a company, already launched such systems and start negotiation for buying the core engine of such system and just develop the front end by connecting through available APIs. For both options answer the following: (5 marks each) 1). Prepare the Project Charters for both options (11). Jot down all possible activities of options A and B (At least six activities) (111). Draw PDM of above activities for option A and B (iv). You should assume a realistic duration of all activities, by applying three point estimation technique Q.1. Considering the following Case Scenario and answers the following questions. [20 marks] You have been working as a Project Manager in IT Company for last three years. Now you are assigned in a project of a Payment Gateway that should be developed within 2.5 years and the total budget is one million dollar. However you have multiple options to develop the payment gateway for the customer like PayPal Following are the detail of options; (A). Hire a team of fifty techies and start the project from scratch (B). Joint venture with a company, already launched such systems and start negotiation for buying the core engine of such system and just develop the front end by connecting through available APIs. For both options answer the following: (5 marks each) 1). Prepare the Project Charters for both options (11). Jot down all possible activities of options A and B (At least six activities) (111). Draw PDM of above activities for option A and B (iv). You should assume a realistic duration of all activities, by applying three point estimation technique

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