I’m studying for my Business class and need an explanation.I will provide the book later that you supposed to read chapter (4,5)Project Integration Management:1. Project Charter: i. General Project Information: Project Title, Brief Project Description, Sponsor, Date/ Versionii. Project Objective: Explain the measurable objectives and success criteria of the project.iii. Assumptions: List and describe the high-level requirements and known assumptions and constraints. iv. Project Scope: Describe the scope of the project. The project scope establishes the boundaries of the project.v. Project Milestones: List the major milestones and deliverables of the project.vi. Example: http://www.projectmanagementdocs.com/project-initi…2. Statement of Worki. Project Name, Date Submitted, Prepared Bii. Business Need and Benefits: Business Need, Benefits to be achieved, Scope of the Project, Summary of Work to be deliverediii. Strategic Business Information for the Organization: Vision, Goals, Objectives, High-Level Mission Statement iv. High-Level Schedule with Major Deliverable Milestones (Date and Milestone)v. Example: http://www.projectmanagementdocs.com/project-docum…3. Business Case: Captures the reasoning for initiating a project or task from a financial perspective, documents the investment needed to make the project successful, determine whether or not the deliverables from a project are worth the investment, contains business need and cost-benefit.i. Project Nameii. Project Purposeiii. Project Descriptioniv. Known Risksv. Cost-Benefit Analysis1. Expected Cost2. Expected Benefitvi. Summary Project Scope Management:4. Project Scope Statement: Project Name, Department, Project Manager, Datei. Prepared By: Document Owner and Project/ Organization Roleii. Version History: Date, Version, Author, Change Descriptioniii. Project Descriptioniv. Goals of the Project5. Requirements Traceability Matrix- CHARTi. Project Name, Cost Center, Project Descriptionii. ID1. For each sub associate ID: Requirements Description, Business Needs, Project Objectives, WBS Deliverables, Product Design, Product Development, Test Casesiii. Example chart: 6. Decomposition: Break the WBS down into an organizational chart. i. See the Tree Structure on the following document- http://www.projectmanagementdocs.com/project-plann…7. Develop a Scope Management plan8. Create a table of contents for this assignment9. You can include an extra concept or process that you learn in this section to get extra credits. Make a note of any additional work in the table of content Requirements: basic