Your team is asked to develop a critical and innovative piece of software for an online banking application of Pakistan Bank Limited, where there is absolutely no margin for error. Using function points, you have estimated the size of the application to be roughly 65,000 Java LOC. This application is rather complex due to the numerous constraints (time, access to storage, etc.).

Using a COCOMO Intermediate model, please provide estimates for the following items (and show how you obtained these numbers):

1.Choose the most appropriate development mode from COCOMO Intermediate Model for an online banking system?

Hint:See the key points at the start of this assignment write up.

2.Calculate the effort (PM) in person-months.

Where EAF=1.43.

Hint. (COCOMO intermediate)

Effort (PM) =a*(KLOC)^b * EAF

Refer to the table Formula for Effort Estimation in key points. Choose the formula for calculating PM according to the development mode you chose in Q1) and multiply it with EAF like this: