A key point in bridging the temerarious gap between an individual's graduate and industrial competence, is the establishment of a multi-purpose mechanism for mediated task assessment, monitoring and accreditation by both major collaborating adjudicators, i.e. industry and academy. Several pertaining issues are also apparent, as is the necessity for an objective and pragmatic evaluation of the individual's composite skills and competencies, as well as other important social and personal merits. A viable common denominator for meeting all above criteria as well as offering an intensive and sustainable link of collaboration between academy and industry, may be realized as being a dynamic project management framework, whereat the reference ground for all attending parties would become a tangible asset of achievement, in the form of a project. The "token" value required as to render this process accountable, auditable and redeemable, is realized in the form of the "document", in turn being a composite assembly of information (token) delivered from the trainees to the monitoring academic and industrial tutoring parties, as to accomplish the given project within a certain time. The monitoring authorities may also serve a different role of accreditation, delivering a joint evaluation.

Layout and principal functional modules and role of participating actors of a Document Administration and
Repository Server, as the on-line infra-structure for a Project based collaboration between University & Industry
The above figure presents the basic functionality and role of participants in such an environment, where a cycle starting from declaration of the academic institution resources, fields of expertise and competence, as well as the active academic force (tutors and graduates), are engaged into the full process layout required for analysis, design, monitoring and progressive implementation, of a knowledge intensive project to the mandate of industrial partner(s). The potential role for the principal legal and operational entities in such an envisaged cycle, namely Industry, University, Students and State, is also depicted. Apparently, other categories of formal actors may also participate under the same environment, by merely designating their role in project management, administration and delivery process.

Layout and principal functional modules and role of participating actors of a Document Administration and
Repository Server, as the on-line infra-structure for a Project based collaboration between University & Industry
The above figure presents the basic functionality and role of participants in such an environment, where a cycle starting from declaration of the academic institution resources, fields of expertise and competence, as well as the active academic force (tutors and graduates), are engaged into the full process layout required for analysis, design, monitoring and progressive implementation, of a knowledge intensive project to the mandate of industrial partner(s). The potential role for the principal legal and operational entities in such an envisaged cycle, namely Industry, University, Students and State, is also depicted. Apparently, other categories of formal actors may also participate under the same environment, by merely designating their role in project management, administration and delivery process.
Audited Repositories with Project Management Integration
- Establish a mechanism for enabling the Academic Institution to promote expertise, facilities and research workforce (academics, students, experts)
- Enable the formal and facile collaboration between Institutions & Enterprise
- Promote a trans-institutional, project targeted cooperation, which could eventually develop in concerted commonwealth research actions
- Provide a clear roadmap for breeding innovation leagues between academy and industry, as well as between individuals
- Define a seamless and sustainable accession from graduation to professional competency
- Facilitate a clear and convenient method for bridging the gap of acquaintance and trust between graduation and employability
- Assist the micro and the SME enterprise ascend from the innovation phase to the prototyping phase
- Offer the opportunity to the small enterprise to ascend to the pre-industrial maturity stage, prior to venture capital seeking, whilst offering student training at the same time
- Highlight the roadmap for Academia to evolve, guided by realistic considerations of the LLL, enterpreneurhip, and social dynamics
