Given: Avg productivity per person month = 8 FP
And, we have 4 members in the team.
So, Team's avg productivity per month = 4 persons * 8 FP = 32 FP
So, time to complete software project worth 352 FP = 352 / 32 = 11 months
Therefore, Projected cost of project = time to complete project * cost of team members (1 architect, 2 programmers, 1 tester) = 11 * (80,000 + 2 * 60,000 + 50,000) = ₹ 27,50,000
Correct Answer: (D)