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PRJ-2026-016At risk4ExecutionWaterfallIn progress

Business Observatory & Data Governance

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Business indicators for the Riyadh Region on the observatory portal, and governance of member and business data under the National Data Management Office policies.

Budget (BAC)

SAR 1.1M

Actual cost

SAR 702K

⁦65%⁩ of budget

Progress

⁦62%⁩Awaiting acceptance ⁦10%⁩

Estimate at completion

SAR 1.1M

SAR +57K

SPI · CPI

0.89Schedule performance index · 0.890.95Cost performance index · 0.95

Forecast finish

⁦2027-01-18⁩

18 days behind baseline

ExecutionStage ⁦4⁩ of ⁦5⁩

Next gate:Closure20 November 2026

  1. Pre-start · CompletePre-start · Complete
  2. Gate into «Initiation»DecisionGoDate4 June 2025Initiation · CompleteInitiation · Complete
  3. Gate into «Planning»DecisionGoDate3 August 2025Planning · CompletePlanning · Complete
  4. Gate into «Execution»DecisionGoDate24 October 2025Execution · Current stageExecution · Current stage
  5. Gate into «Closure»DecisionNot held yetDate20 November 2026Closure · Not startedClosure · Not started
Fields required by the project’s stage (Execution): 15 fields required now.Field settings

Riyadh Chamber of Commerce & Industry

Project charter

Business Observatory & Data Governance

APPROVEDV2Approved ⁦2025-08-01⁩

1Project identity

Required at this stage
Project name
Business Observatory & Data Governance
Project code
PRJ-2026-016
Project sponsor
Eng. Majed S. Al-RasheedEng. Majed S. Al-RasheedExecutive Director, Digital Transformation & ITP-011m.alrasheed@chamber.sa
Project manager
Rahaf I. Al-NefaieRahaf I. Al-NefaieDirector, Data & AIP-027r.alnefaie@chamber.sa
Project owner
Eng. Ziyad A. Al-DakheelEng. Ziyad A. Al-DakheelDeputy Secretary-General, Business SupportP-047z.aldakheel@chamber.sa
Portfolio & programme
Member Services & Business Voice PortfolioBusiness Observatory & Recommendations Programme
Type & methodology
Digital · Waterfall
Current phase
4Execution

2Background & rationale

Required at this stage

Business indicators for the Riyadh Region on the observatory portal, and governance of member and business data under the National Data Management Office policies.

3Objectives

Required at this stage
  1. 1Produce more influential knowledge and information

4Scope

Required at this stage

In scope

  • Business indicators for the Riyadh Region on the observatory portal, and governance of member and business data under the National Data Management Office policies.
  • Single sign-on through Nafath
  • Integration with internal systems

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
  1. 1Single sign-on through Nafath
  2. 2Integration with internal systems
  3. 3Accessibility and UX standards

6Deliverables

Required at this stage
1Project management plan⁦2025-08-24⁩
2Main deliverable — stage 1⁦2026-04-23⁩
3Main deliverable — final stage⁦2026-10-20⁩
4Final report⁦2026-12-31⁩

7Key milestones

Required at this stage
  1. Charter approved⁦2025-08-01⁩
  2. Contract signed⁦2025-10-24⁩
  3. 50% of works complete⁦2026-04-23⁩
  4. Provisional acceptance⁦2026-11-20⁩
  5. Closure⁦2026-12-31⁩

8Budget

Required at this stage
  • Main contract⁦72.1%⁩775K
  • Supervision & consulting⁦14.0%⁩150K
  • Internal team⁦8.8%⁩95K
  • Contingency reserve (⁦5%⁩)⁦5.1%⁩55K
The owning sector’s approved budgetTotal1.1M

9Timeline

Required at this stage
Start
2025-08-039 Safar 1447 AH
Baseline finish
2026-12-3122 Rajab 1448 AH
Duration
⁦17⁩ months

10Key risks

Required at this stage
  • MediumToo few accredited data owners in the sectors and departments

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
  1. 1Delivered within the approved budget
  2. 2On the approved date ⁦±5%⁩
  3. 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
Version V2 · ⁦4⁩ of ⁦4⁩ signaturesInternal — not for circulation outside the chamber
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