The Chamber’s Investment Building — Business Tower on King Fahd Road
Remove from watchlistA 22-storey office tower on chamber-owned land to diversify non-membership revenue; the foundations of axes 12–16 face high groundwater.
Budget (BAC)
Actual cost
46% of budget
Progress
Estimate at completion
SAR +908K
SPI · CPI
Forecast finish
64 days behind baseline
ExecutionStage 4 of 5
Next gate:Closure5 March 2027
- Pre-start · CompletePre-start · Complete
- Gate into «Initiation»DecisionGoDate3 April 2024Initiation · CompleteInitiation · Complete
- Gate into «Planning»DecisionGoDate2 June 2024Planning · CompletePlanning · Complete
- Gate into «Execution»DecisionGoDate24 November 2024Execution · Current stageExecution · Current stage
- Gate into «Closure»DecisionNot held yetDate5 March 2027Closure · Not startedClosure · Not started
Closure readiness
Closure planned after the forecast finish on 2027-08-03
A preview of what closure will need, with the planned dates, and the lessons captured so far.
Closure checklist
Seven mandatory items before any project closes.
- 1
Deliverables acceptedNot started
Final acceptance of every deliverable
Hisham A. Al-TuwairqiPlanned 2027-07-24
- 2
Financial closureNot started
Spend reconciled, commitments closed
Khalid N. Al-MutairiPlanned 2027-08-23
- 3
Contract closureNot started
Contracts closed, retention released
Khalid N. Al-MutairiPlanned 2027-09-02
- 4
Documents archivedNot started
Documents archived with classification
Eng. Ahmed Y. AsiriPlanned 2027-08-28
- 5
Lessons learnedNot started
Lessons-learned session
Eng. Ahmed Y. AsiriPlanned 2027-08-18
- 6
Benefits owner assignedNot started
Benefits handed to their owner with a measurement plan
Hisham A. Al-TuwairqiPlanned 2027-08-13
- 7
Final report approvedNot started
Final report and its approval
Eng. Ahmed Y. AsiriPlanned 2027-09-07
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 (2027-08-03), with the sponsor and the benefits owner.
Lessons learned
0 lessons — offered automatically to similar projects when they are created.
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.
No benefits recorded for this project.