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PRJ-2026-002Off track4ExecutionConstructionStalled

The Chamber’s New Headquarters Building

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A new headquarters in north Riyadh housing the secretariat, the members’ service hall, the conference and general-assembly hall and the sectoral committee rooms in four linked buildings, with multi-storey parking.

Early warning: ⁦88%⁩ chance of slipping within ⁦60⁩ days

Budget (BAC)

SAR 59M

Actual cost

SAR 26.6M

⁦45%⁩ of budget

Progress

⁦42%⁩Awaiting acceptance ⁦11%⁩

Estimate at completion

SAR 63.4M

SAR +4.4M

SPI · CPI

0.82Schedule performance index · 0.820.93Cost performance index · 0.93

Forecast finish

⁦2027-09-12⁩

74 days behind baseline

ExecutionStage ⁦4⁩ of ⁦5⁩

Next gate:Closure25 March 2027

  1. Pre-start · CompletePre-start · Complete
  2. Gate into «Initiation»DecisionGoDate3 January 2024Initiation · CompleteInitiation · Complete
  3. Gate into «Planning»DecisionGoDate3 March 2024Planning · CompletePlanning · Complete
  4. Gate into «Execution»DecisionGoDate13 September 2024Execution · Current stageExecution · Current stage
  5. Gate into «Closure»DecisionNot held yetDate25 March 2027Closure · Not startedClosure · Not started

Priority evaluation

Criteria, weights and the P1–P4 result

Riyadh ChamberMunjazStrategy & projectsMunjazPMO PLATFORM

Proposal

Priority evaluation

Criteria, weights and the P1–P4 result

Form no.
RC-PMO-F02
Template edition
1.3
Version
V4
Form date
⁦2023-09-30⁩
Hijri
15 Rabiʻ I 1445 AH
ApprovedPRJ-2026-002The Chamber’s New Headquarters Building

Auto-filled — Filled by the platform from the project record, not typed.

Project code
PRJ-2026-002
Project
The Chamber’s New Headquarters Building
Portfolio
New Headquarters & Investment Assets Portfolio
Sector
Support Services Sector
Sponsor
Sarah A. Al-Qarni
Project manager
Eng. Ahmed Y. Asiri

1The resultAuto-filled

Priority score

89 of 100

Class

P1

75–100

Priority model

Version 4

Class thresholdsAuto-filled

P1 from 75 · P2 from 60 · P3 from 45 · P4 below 45

2Criteria and weightsAuto-filled

Rated 1–5; the cost criteria (risk, complexity, resources) are turned around before weighting.

CriterionWeightRatingPoints
Fit with the chamber’s strategy⁦20%⁩5.020.0
Value added to the business community⁦12%⁩5.012.0
Financial return & sustainability⁦8%⁩5.08.0
Urgency⁦10%⁩5.010.0
Regulatory requirement⁦10%⁩1.61.5
Risk⁦7%⁩1.07.0
Complexity⁦6%⁩1.06.0
Resource requirement⁦5%⁩1.05.0
Impact on members & beneficiaries⁦14%⁩5.014.0
Sustainability impact⁦3%⁩2.00.8
Digital transformation impact⁦5%⁩5.05.0
Total⁦100%⁩—89

Approval logChain: Priority evaluation approval · version ⁦1⁩

Every decision on the form — who, their role, the note and the time. It prints with the form.

#StepKindNameDecisionNoteDate & time
1Author—Ghada A. Al-ShahraniDirector, Entrepreneurship & Young BusinesspeopleSubmitted—⁦2023-09-30⁩ 11:56
2Evaluation checked against the modelMethodology reviewGhada A. Al-ShahraniPMO — analystApproved—⁦2023-10-01⁩ 09:00
3Portfolio manager reviewTechnical acceptanceEng. Bandar M. Al-ShammariPortfolio managerApproved—⁦2023-10-03⁩ 10:07
4Class approved — Project Approval CommitteeTechnical acceptanceDr. Noura M. Al-OtaibiProject Approval CommitteeApproved—⁦2023-10-08⁩ 11:14

Signatures

Evaluation checked against the model

Ghada A. Al-Shahrani

Approved⁦2023-10-01⁩

Portfolio manager review

Eng. Bandar M. Al-Shammari

Approved⁦2023-10-03⁩

Class approved — Project Approval Committee

Dr. Noura M. Al-Otaibi

Approved⁦2023-10-08⁩

Issued from Munjaz — Riyadh Chamber · ⁦2026-10-28⁩Form RC-PMO-F02 · version V4

Priority evaluation

Prints the form and its approval log on A4.

Approval path

Read from the approval engine: the steps, their holders and the time limits in working days.

Chain: Priority evaluation approval · version ⁦1⁩

Submitted by Ghada A. Al-Shahrani on ⁦2023-09-30⁩

  1. Methodology review

    Evaluation checked against the model

    Ghada A. Al-Shahrani · PMO — analyst

    Approved · ⁦2023-10-01⁩ at ⁦09:00⁩

  2. Technical acceptance

    Portfolio manager review

    Eng. Bandar M. Al-Shammari · Portfolio manager

    Approved · ⁦2023-10-03⁩ at ⁦10:07⁩

  3. Technical acceptance

    Class approved — Project Approval Committee

    Dr. Noura M. Al-Otaibi · Project Approval Committee

    Approved · ⁦2023-10-08⁩ at ⁦11:14⁩

Approval complete — the form is approved and in force.

Previous versions

Every version is kept with its status and what changed.

  1. V4ApprovedCurrent⁦2023-09-30⁩

    Evaluated on the approved priority model

    Ghada A. Al-Shahrani

Only one version so far.

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