Project Monitoring
Basic Principles
Project management shall be conducted in accordance with the Project Contract provisions. The RIF shall be entitled to act in a manner that shall ensure the smooth implementation of the projects it funds, by means of effective audits and, if any irregularities are found, it shall enforce sanctions.
The Host Organisation (HO) shall be responsible for the proper implementation of the project’s total Budget. Furthermore, the HO shall provide guidance to other Consortium members, as to the project management regulations and procedures.
Each Consortium member shall be responsible for the proper management of the funding aid it shall receive and the implementation of the costs pertaining to it in the context of the project implementation. If the HO finds that a Consortium member fails to meet its obligations relating to project implementation and budget management, then it must take the appropriate measures and update the RIF immediately.
For RIF’s webinar on general framework of management rules click here.