(Solved): Consider a software development project for building a new e-commerce platform. Based on historical ...

Consider a software development project for building a new e-commerce platform. Based on historical data and expert judgment, the project manager has gathered the following information: i. Size of the project: 50,000 lines of code ii. Average wage rate of the development team: $\$50$ per hour iii. Development team productivity: 800 lines of code per person-month iv. Effort multipliers: 1.2 (for the nominal case) Using the COCOMO model, calculate the estimated Effort required for the project, Effort in Person-Months. Calculating the estimated duration in months, assuming a standard 160-hour work month.