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
Periodic update cards
Filled by the project manager every period — progress, status, risks and support requested — prefilled from the previous card and the live data, then approved.
Period
October 2026
In approvalDue todayAction time limit about to lapse · Limit 2 working days
- Progress
- 42%
- Planned
- 51%
- SPI
- 0.82
Periodic update cards
| Period | Status | Progress | Current step | Date |
|---|---|---|---|---|
| October 2026UPD-002-2026-10 | In approval | 42% | Methodology reviewDr. Noura M. Al-OtaibiDue todayAction time limit about to lapse · Limit 2 working days | 2026-10-26 |
| September 2026UPD-002-2026-09 | Approved | 40% | — | 2026-10-02 |
| August 2026UPD-002-2026-08 | Approved | 37% | — | 2026-09-02 |