Riyadh ChamberMunjaz11My actionsNotifications
PRJ-2026-004Critical4ExecutionConstructionStalled

Converting the Current Headquarters into a Member Services Centre & Committee Rooms

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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.

Early warning: ⁦95%⁩ chance of slipping within ⁦30⁩ days

Budget (BAC)

SAR 20.6M

Actual cost

SAR 16.7M

⁦81%⁩ of budget

Progress

⁦68%⁩Awaiting acceptance ⁦9%⁩

Estimate at completion

SAR 24.5M

SAR +3.9M

SPI · CPI

0.74Schedule performance index · 0.740.84Cost performance index · 0.84

Forecast finish

⁦2027-02-03⁩

126 days behind baseline

ExecutionStage ⁦4⁩ of ⁦5⁩

Next gate:Closure13 July 2026

  1. Pre-start · CompletePre-start · Complete
  2. Gate into «Initiation»DecisionGoDate15 November 2023Initiation · CompleteInitiation · Complete
  3. Gate into «Planning»DecisionGoDate14 January 2024Planning · CompletePlanning · Complete
  4. Gate into «Execution»DecisionConditional goDate20 June 2024Execution · Current stageExecution · Current stage
  5. Gate into «Closure»DecisionNot held yetDate13 July 2026Closure · Not startedClosure · Not started

Closure readiness

Closure planned after the forecast finish on ⁦2027-02-03⁩

A preview of what closure will need, with the planned dates, and the lessons captured so far.

0/7

Closure checklist

Seven mandatory items before any project closes.

  1. 1

    Deliverables acceptedNot started

    Final acceptance of every deliverable

    Eng. Bandar M. Al-ShammariPlanned ⁦2027-01-24⁩

  2. 2

    Financial closureNot started

    Spend reconciled, commitments closed

    Khalid N. Al-MutairiPlanned ⁦2027-02-23⁩

  3. 3

    Contract closureNot started

    Contracts closed, retention released

    Khalid N. Al-MutairiPlanned ⁦2027-03-05⁩

  4. 4

    Documents archivedNot started

    Documents archived with classification

    Eng. Waleed O. Al-JuhaniPlanned ⁦2027-02-28⁩

  5. 5

    Lessons learnedNot started

    Lessons-learned session

    Eng. Waleed O. Al-JuhaniPlanned ⁦2027-02-18⁩

  6. 6

    Benefits owner assignedNot started

    Benefits handed to their owner with a measurement plan

    Eng. Bandar M. Al-ShammariPlanned ⁦2027-02-13⁩

  7. 7

    Final report approvedNot started

    Final report and its approval

    Eng. Waleed O. Al-JuhaniPlanned ⁦2027-03-10⁩

Post-implementation review

Did it reach its goal? Did it stay on budget? Were the benefits realised? What did we learn and improve?

The review comes after closure

About three months after the forecast finish (⁦2027-02-03⁩), with the sponsor and the benefits owner.

Lessons learned

0 lessons — offered automatically to similar projects when they are created.

Knowledge base

No lessons captured yet

Capture what the team learned during delivery; closure needs at least one.

Benefits handover

Each benefit moves from the project manager to an owner who measures it after closure.

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