Innovative Systems is ready to get started using the PMI standard. BPP is advising IS on a new project bid. The project involves setting up an automated tracking system for a library. Radio frequency (RF) tags would be attached to each book, and a networked computer database application would collect data from sensors placed at

doors and at the checkout counter.

In Section 1, prepare a charter for this project, including important standard charter elements.

After the charter is ratified by the stakeholders, the project plan will be produced. In Section 2, outline and discuss the relative importance of the standard elements of a plan. To excel in this exercise, prepare advice to BPP, providing project-specific planning detail relating to any of the initiating and planning process groups and the nine knowledge areas. Briefly define important terms. Be sure to reference all sources using APA style.