The purpose for this assignment was to construct a Terms of Reference (TOR) for the initial phase of Pacific Northwest Bank's plans to implement an e-procurement system. The goal of this system is to allow its supply management department to provide more value-added tasks necessary to become a strategic unit within the corporation.
The TOR is composed of the following sections:
- Problem/Opportunity Statement
- Goal Statement
- Project Scope (Also includes what is NOT in scope->very important)
- Project Objectives (Deliverables, Milestones, Methodology)
- Constraints
- Success Criteria
- Resource Requirements
- Risks (Response through mitigation).
Completing this TOR really helped in developing the TOR for my team's Directed Studies project for Central 1 Credit Union. Directed Studies is a capstone course for my program where we take on an industry project for a local company. My team will be starting work on the project after spring break over a duration of 9 weeks.





