Overwriting existing planning app

Hi,what care should be taken or what is the best process to overwrite the existing planning application with other planning application.Iam using planning 3.5 and essbase 6.5.TIA-

Hi John,
So you are suggesting to export all objects (Business Rules, data Exports, outlines, calc scripts, etc.) and create a new application and import all the objects into the new planning applications. What about the forms? How do we migrate the forms? I was thinking of creating a new planning app with 3 plan types and then import the planning repositoty ino this new app (to import the forms, smartlist, task lists, user variables) but then it would delete the 3rd Plan Type that I created. Any suggestions on how to import these objects too.
Maybe it can be done easier in 11 but I am on 9.3.1.
Thanks

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