PRJ-2026-002Off track4ExecutionConstructionStalled
The Chamber’s New Headquarters Building
Remove from watchlistA 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.
Project managerEng. Ahmed Y. AsiriProject sponsorSarah A. Al-QarniProgrammeNew Headquarters & Investment Assets Programme
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
- Pre-start · CompletePre-start · Complete
- Gate into «Initiation»DecisionGoDate3 January 2024Initiation · CompleteInitiation · Complete
- Gate into «Planning»DecisionGoDate3 March 2024Planning · CompletePlanning · Complete
- Gate into «Execution»DecisionGoDate13 September 2024Execution · Current stageExecution · Current stage
- Gate into «Closure»DecisionNot held yetDate25 March 2027Closure · Not startedClosure · Not started