QUESTION-1 (30 Pts): As the manager of TS-SixtyOne software project you want to calculate the expected costof the project. From past experience you know that developers can handle ten function points each person- month and that the cost per developer at your firm is $4,000 per month. You and your team have come up with the following requirements: Elements Count Complexit Inputs Outputs Inquiries High Files Medium Interfaces 18 High Assume 6 people have been assigned to work on the project. Using the \"complexity weighting\" scheme below, calculate the total number of function points (10 pts), the estimated cost (10 pts), and the estimated duration (10 pts), of the TS-SixtyOne project. Complexity Weighting Element Low Average High Number of inputs x2+ . x 3+ . x4 Number of outputs X3+ %X 6+ o uiiea Number of inquiries x2+ x 4+ x 6 Number of files x5+ ___x B+ o N2 Number of interfaces x5+ x10+ M. L QUESTION-2 (35 Pts): You are under a contract to manufacture 4 advanced ATM machines integrated with Al features. Your projected expenses include approximately $200,000 for research and development (R&D) and approximately $500,000 for materials (for all 4 machines). The initial production of the first ATM machine is anticipated to require 10,000 labor hours. Based on your previous experience, you are aware that the production duration for the machines fits to a learning curve, which exhibits an 80 percent consistent rate of improvement. a) How many labor hours should the fourth ATM machine require? (10 pts) b) How many labor hours are required for the whole project of 4 ATM machines? (15 pts) ) Assuming that the labor cost is $80 per hour, what is the total expected cost for the whole project? (Total cost inlcudes R&D cost, material cost and labor cost) (10 pts) QUESTION-3 (35 Pts): Create the Work Breakdown Structure (WBS) for the following \"ATM Machine Project\" in projectLibre. PLEASE READ: o Name the project as \" YourName_ ATM Machine\" * For example (\" IsmailKirci_ ATM Machine\"). o You only need to submit the projectLibre file as your answer. o Do not add extra activities which are not listed in the text. (Namely, do not copy paste ChatGPT answer!) Hint: There are six Major deliverables: 1) Project Initiation 2) Planning 3) Design and development 4) Manufacturing 5) Installation and Deployment 6) Project closure And also, remember that there might be subdeliverables under the major deliverables. ATM MACHINE PROJECT The project initiation phase involves two main tasks: defining the project scope and identifying stakeholders. The scope is outlined to clearly delineate the project's boundaries, while stakeholders are identified to ensure that all relevant parties are considered throughout the project lifecycle. Moving on to the planning phase, a comprehensive project plan is developed, encompassing key components such as defining objectives, creating a schedule, determining the budget, and identifying potential risks. In parallel, procurement planning is undertaken, involving the identification of suppliers, establishment of a procurement schedule, and definition of the procurement budget. ATM MACHINE PROJECT The project initiation phase involves two main tasks: defining the project scope and identifying stakeholders. The scope is outlined to clearly delineate the project's boundaries, while stakeholders are identified to ensure that all relevant parties are considered throughout the project lifecycle. Moving on to the planning phase, a comprehensive project plan is developed, encompassing key components such as defining objectives, creating a schedule, determining the budget, and identifying potential risks. In parallel, procurement planning is undertaken, involving the identification of suppliers, establishment of a procurement schedule, and definition of the procurement budget. The subsequent phase focuses on design and development, beginning with the design of the ATM machine. This involves detailed planning for hardware, software, and user interface design. The next step in this phase is the development of prototypes, encompassing both hardware and software prototyping. Following this, rigorous testing and quality assurance procedures are implemented, covering hardware testing, software testing, and user acceptance testing to ensure the ATM machine meets specified standards. Moving into the manufacturing phase, the project involves the procurement of materials, assembly of the ATM machines, and a thorough quality control process to maintain the highest standards. The installation and deployment phase follows, including tasks such as site selection, ATM machine installation, software deployment, training, and the creation of user documentation to facilitate effective use. The final phase is project closure, which includes a final inspection to validate adherence to project specifications and client acceptance