This project aims to establish Competence and Observation Centres in higher education institutions within partner countries, and to develop procedures for assessing and improving the match between the competences developed by higher education institutions and those required in industry. The project has been identified since universities, governments and enterprises in the Partner countries generally lack awareness of the importance of cooperation between HE and the economy and the methods and instruments for boosting such cooperation. The specific objectives are: "1) To develop or advance methodology and tools for assessing the match between skills andcompetences developed by institutions of higher education and those required by the labour market in 4 partner WB countries and develop recommendations for curricula adaptation2) To found four Competence and Observatory Centres (COC) which will serve as a national knowledge transfer and trainings centre for relevant stakeholders and as a service centre3) To conduct the knowledge/skills/competences analysis based on 8 pilot study projects."