This page is an overview for your first submission for the Term Project. You will work on this project throughout the course, and it represents 40% of your overall grade. Term Project 1 is worth 20%. Instructions: As a team, select one of the companies (IT, Finance, Business, banking) and select one of the options presented below either to assess the current PMO's situation or need for establishing a new PMO. In the executive summary, describe the problem definition of the company to assess or establish a PMO, rationale behind the PMO, an organisation introduction. Topic 1 Topic 2 Assess an organization's need to establish a PMO Assess an existing PMO to Re-establish the PMO Due Date: Week 6 Format: A maximum of 12 pages, including cover and references The text should use 12-point font and 1.5 line spacing. In-text citations should appear throughout your paper and a list of references should appear at the end of your paper. APA style should be used for both in-text citations and your list of references. No Graphic insertion (JPEG) of any sort in the document. Please remember Turnitin is checking similarities, please ensure originality and referencing in your work Submission: Only Word Documents are acceptable formats for this submission. Please ensure that you follow the submission protocols, file naming conventions, and the rubric. This assignment will be submitted to the Term Project 1 on E-centennial.