The organisational structure of the project addresses management through established methods and is based on hierarchical management layers. Coordination and management activities of the Project are performed by the Project Coordinator (PC – Joule Assets), the legal entity acting as the intermediary between the Parties and the Funding Authority, in cooperation with the following Consortium Bodies:
The General Assembly (GA) that is the ultimate decision-making body of the Consortium with power mainly over non-operational, strategic and long-term issues, and meets at least once per year. It consists of one Representative of each Party. The Project Coordinator chairs all meetings of the GA (unless decided otherwise in a meeting of the GA).
The Executive Board (EB), as the supervisory body for the execution of the Project for its duration, reporting and accountable to the General Assembly and responsible for implementation and risk management. It consists of the Project Coordinator (PC), which chairs all the meetings of the EB, and Work Package Leaders.
Work Package Leaders (WPLs) plan, monitor and report to the Project Coordinator about its Work Package progress, including budget issues. Together with the Project Coordinator, WPLs review deliverables, milestones, risks and contingency plans related to their WPs. Moreover, the WPL coordinates the task leaders (which coordinate the work carried out at task level). The WPL reports regularly (at least every three months) to the PC.
As a subcontractor, Verco‘s main role is to provide technical advice to the consortium members related to the incorporation of standardised performance protocols. As a subcontractor Verco does not sit on the governing bodies, but its opinion will be considered.