Riyadh Chamber of Commerce & Industry
Project charter
New Premium Members Centre & VIP Lounges
APPROVEDV2Approved 2025-03-14
1Project identity
Required at this stage- Project name
- New Premium Members Centre & VIP Lounges
- Project code
- PRJ-2026-019
- Project sponsor
- Eng. Sami A. Al-FraihEng. Sami A. Al-FraihAssistant Secretary-General, Member Experience & Business DevelopmentP-049s.alfraih@chamber.sa
- Project manager
- Eng. Fahad T. Al-SulamiEng. Fahad T. Al-SulamiSenior Project Manager — Branches & Service CentresP-023f.alsulami@chamber.sa
- Project owner
- Badr N. Al-HaqbaniBadr N. Al-HaqbaniDirector General, Membership & AttestationP-046b.alhaqbani@chamber.sa
- Portfolio & programme
- Branches, Service & Training Centres PortfolioBranches & Service Centres Programme
- Type & methodology
- Construction · Construction
- Current phase
- 4Execution
2Background & rationale
Required at this stageA full service centre for premium members with lounges, meeting rooms and audio-visual systems, handling premium-class transactions and special services.
3Objectives
Required at this stage- 1A better member experience and service quality
Serves the strategic objectives:SO-2.2A better member experience and service quality
4Scope
Required at this stageIn scope
- A full service centre for premium members with lounges, meeting rooms and audio-visual systems, handling premium-class transactions and special services.
- Saudi Building Code compliance
- Consultant-approved drawings
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
- 2Consultant-approved drawings
- 3Health & safety requirements
6Deliverables
Required at this stage| 1 | Project management plan | 2025-04-14 |
| 2 | Main deliverable — stage 1 | 2026-03-15 |
| 3 | Main deliverable — final stage | 2026-11-20 |
| 4 | Final report | 2027-02-28 |
7Key milestones
Required at this stage- Charter approved2025-03-14
- Contract signed2025-07-08
- 50% of works complete2026-03-15
- Provisional acceptance2027-01-02
- Closure2027-02-28
8Budget
Required at this stage- Main contract72.0%5.7M
- Supervision & consulting14.0%1.1M
- Internal team9.0%710K
- Contingency reserve (5%)5.0%395K
The owning sector’s approved budgetTotal7.9M
9Timeline
Required at this stage10Key risks
Required at this stage- MediumLate supply of audio-visual systems for the Premium Members Centre rooms
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