Question: Fin-Click Solutions is a software development company. It is specialized in developing software for financial institutions. Fin-Click is running an online banking mobile application project

Fin-Click Solutions is a software development

Fin-Click Solutions is a software development

Fin-Click Solutions is a software development company. It is specialized in developing software for financial institutions. Fin-Click is running an online banking mobile application project for AtoZ bank. The followings are the activities for implementing the project which is named iMoney. Salem Ali, the project manager, is a professional project manager and has over 20 years of experience in his field. The following table presents a proposed set of activities with their estimated durations based on his previous experience with another similar project. Dependency Activity Code A B Activity Duration (in days) 14 9 A 20 A D E 14 20 B D.F F Activity Name Define New Business Rules Define Specific UI Requirements Define Functional Specifications Create Code Design Document Implement Code Control System Setup Development Environment UI Development Code Development Test Environment Setup Test Plan Unit Testing UAT Results Reporting Operations Switch Over 10 A G I J K L M N 25 50 15 10 20 15 7 5 E F GI C.H J.K.L M 1. Draw a network diagram for iMoney project using the precedence diagraming method. (2 points) 2. How many paths are there in this project? List them with the duration of each. (14 points) 3. What is the overall duration of the iMoney project? (2 points) 4. What is the Critical Path(s) of the project? (2 points) 5. What is the total and free slacks of iMoney project? Show your work on the diagram. (8 points) 6. Although the development team claimed that the time given for setting up the development environment is sufficient, the project manager was not confident from that claim and he placed 2 extra weeks as a contingency. The project manager also added three more contingency days just in case other tasks may slip the schedule. (12 points) a. Show the effect of these provisions on the network diagram and recalculate the overall duration of the project after introducing these changes. b. Explain the effect of these provisions on the critical path

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