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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

Project weight

The weight and the relative weight in the portfolio

Riyadh ChamberMunjazStrategy & projectsMunjazPMO PLATFORM

Approval

Project weight

The weight and the relative weight in the portfolio

Form no.
RC-PMO-F03
Template edition
1.0
Version
V2
Form date
⁦2026-09-16⁩
Hijri
5 Rabiʻ II 1448 AH
ApprovedPRJ-2026-004Converting the Current Headquarters into a Member Services Centre & Committee Rooms

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

Project code
PRJ-2026-004
Project
Converting the Current Headquarters into a Member Services Centre & Committee Rooms
Portfolio
Building Rehabilitation & Sustainability Portfolio
Sector
Support Services Sector
Sponsor
Sarah A. Al-Qarni
Project manager
Eng. Waleed O. Al-Juhani

1Weight and relative weightAuto-filled

Project weight score

83 of 100

Relative weight in the portfolio

⁦24.4%⁩

Portfolio

Building Rehabilitation & Sustainability Portfolio

5 projects

Its share of the portfolio’s progress

16.6 points of 54.9%

2Weight criteriaAuto-filled

Each criterion is rated 1–5 from the project’s record and multiplied by its approved weight.

CriterionRated fromWeightRatingPoints
Strategic importanceThe project’s strategic value⁦35%⁩428.0
Budget sizeApproved budget (BAC)⁦25%⁩525.0
Impact on members & beneficiariesThe project’s alignment score⁦20%⁩416.0
Complexity & riskThe project’s risk score⁦10%⁩510.0
Project classificationThe project’s classification⁦10%⁩24.0
Weight score—⁦100%⁩—83

3Relative weights across the portfolioAuto-filled

Proposed and cancelled projects are left out; suspended ones keep their frozen progress.

ProjectScoreRelative weightProgress
Converting the Current Headquarters into a Member Services Centre & Committee Rooms83⁦24.4%⁩⁦68%⁩
Solar Power for the Chamber’s Buildings & Branches71⁦20.9%⁩⁦58%⁩
Business Centre (Exit 6) Branch Rehabilitation65⁦19.1%⁩⁦97%⁩
Shaqra Branch Rehabilitation62⁦18.2%⁩⁦36%⁩
Energy Retrofit of the Chamber’s Existing Buildings (ESCO)59⁦17.4%⁩⁦6%⁩
Weighted portfolio progress—⁦100%⁩⁦54.9%⁩

Approval logChain: Project weight 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—⁦2026-09-16⁩ 12:27
2Weight model complianceMethodology reviewGhada A. Al-ShahraniPMO — analystApproved—⁦2026-09-20⁩ 14:41
3Portfolio manager approvalTechnical acceptanceEng. Mishari K. Al-OtaibiPortfolio managerApproved—⁦2026-09-21⁩ 09:48

Signatures

Weight model compliance

Ghada A. Al-Shahrani

Approved⁦2026-09-20⁩

Portfolio manager approval

Eng. Mishari K. Al-Otaibi

Approved⁦2026-09-21⁩

Issued from Munjaz — Riyadh Chamber · ⁦2026-10-28⁩Form RC-PMO-F03 · version V2

Project weight

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: Project weight approval · version ⁦1⁩

Submitted by Ghada A. Al-Shahrani on ⁦2026-09-16⁩

  1. Methodology review

    Weight model compliance

    Ghada A. Al-Shahrani · PMO — analyst

    Approved · ⁦2026-09-20⁩ at ⁦14:41⁩

  2. Technical acceptance

    Portfolio manager approval

    Eng. Mishari K. Al-Otaibi · Portfolio manager

    Approved · ⁦2026-09-21⁩ at ⁦09:48⁩

Approval complete — the form is approved and in force.

Previous versions

Every version is kept with its status and what changed.

  1. V2ApprovedCurrent⁦2026-09-14⁩

    Classification added at 10; budget cut from 35 to 25 so the building projects do not swamp the portfolio

    Dr. Noura M. Al-Otaibi

  2. V1Approved⁦2025-12-02⁩

    First model: strategic importance, budget, impact, complexity

    Dr. Noura M. Al-Otaibi

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