Riyadh Chamber of Commerce & Industry
Project charter
Converting the Current Headquarters into a Member Services Centre & Committee Rooms
APPROVEDV2Approved 2024-01-12
1Project identity
Required at this stage- Project name
- Converting the Current Headquarters into a Member Services Centre & Committee Rooms
- Project code
- PRJ-2026-004
- Project sponsor
- Sarah A. Al-QarniSarah A. Al-QarniAssistant Secretary-General, Support ServicesP-012s.alqarni@chamber.sa
- Project manager
- Eng. Waleed O. Al-JuhaniEng. Waleed O. Al-JuhaniDirector, Facilities Operations & MaintenanceP-021w.aljuhani@chamber.sa
- Project owner
- Eng. Bandar M. Al-ShammariEng. Bandar M. Al-ShammariDirector General, Facilities & General ServicesP-013b.alshammari@chamber.sa
- Portfolio & programme
- Building Rehabilitation & Sustainability PortfolioBuilding Rehabilitation & Efficiency Programme
- Type & methodology
- Infrastructure · Construction
- Current phase
- 4Execution
2Background & rationale
Required at this stageRebuilding the current headquarters after the move and adding a new wing with 28 rooms for the sectoral committees and meetings, and a modern members’ service hall.
3Objectives
Required at this stage- 1A better member experience and service quality
- 2Active sectoral committees and business challenges resolved
Serves the strategic objectives:SO-2.2A better member experience and service qualitySO-1.2Active sectoral committees and business challenges resolved
4Scope
Required at this stageIn scope
- Rebuilding the current headquarters after the move and adding a new wing with 28 rooms for the sectoral committees and meetings, and a modern members’ service hall.
- Saudi Building Code compliance
- An approved plan to keep member services and training running during the works
Out of scope
- Operation and maintenance after the warranty period
- Work outside the approved site or system boundary
5High-level requirements
Required at this stage- 1Saudi Building Code compliance
- 2An approved plan to keep member services and training running during the works
- 3Civil-defence requirements
6Deliverables
Required at this stage| 1 | Project management plan | 2024-02-23 |
| 2 | Main deliverable — stage 1 | 2025-06-02 |
| 3 | Main deliverable — final stage | 2026-05-14 |
| 4 | Final report | 2026-09-30 |
7Key milestones
Required at this stage- Charter approved2024-01-12
- Contract signed2024-06-20
- 50% of works complete2025-06-02
- Provisional acceptance2026-07-13
- Closure2026-09-30
8Budget
Required at this stage- Main contract72.0%14.8M
- Supervision & consulting14.0%2.9M
- Internal team9.0%1.9M
- Contingency reserve (5%)5.0%1M
The owning sector’s approved budgetTotal20.6M
9Timeline
Required at this stage10Key risks
Required at this stage- HighMain contractor cash-flow distress and unpaid subcontractors
- HighFire-fighting and evacuation systems failing Civil Defence requirements
- MediumCentral HVAC failures during commissioning
11Constraints
Required at this stage- Stay within the approved budget
- Comply with the Government Tenders & Procurement Law
12Assumptions
Required at this stage- Named internal staff available throughout
- Approvals land within the workflow’s action time limits
13Stakeholders
Required at this stage- Project sponsorDecisions and funding
- Project ownerAccepts deliverables, owns benefits
- Project Management Office (PMO)Governance and compliance
14Success criteria
Required at this stage- 1Delivered within the approved budget
- 2On the approved date ±5%
- 3Target benefits within 12 months
15Governance structure
Required at this stage- Change CommitteeApproves scope, cost and schedule changesWeekly
- PMO CommitteeMethodology compliance, data quality, stage gatesFortnightly
- Project management teamDay-to-day control, risks, impediments, the periodic update cardWeekly