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PRJ-2026-020Off track4ExecutionConstructionStalled

The Chamber’s Investment Building — Business Tower on King Fahd Road

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A 22-storey office tower on chamber-owned land to diversify non-membership revenue; the foundations of axes 12–16 face high groundwater.

Early warning: ⁦81%⁩ chance of slipping within ⁦60⁩ days

Budget (BAC)

SAR 17.3M

Actual cost

SAR 8M

⁦46%⁩ of budget

Progress

⁦44%⁩Awaiting acceptance ⁦12%⁩

Estimate at completion

SAR 18.2M

SAR +908K

SPI · CPI

0.80Schedule performance index · 0.800.95Cost performance index · 0.95

Forecast finish

⁦2027-08-03⁩

64 days behind baseline

ExecutionStage ⁦4⁩ of ⁦5⁩

Next gate:Closure5 March 2027

  1. Pre-start · CompletePre-start · Complete
  2. Gate into «Initiation»DecisionGoDate3 April 2024Initiation · CompleteInitiation · Complete
  3. Gate into «Planning»DecisionGoDate2 June 2024Planning · CompletePlanning · Complete
  4. Gate into «Execution»DecisionGoDate24 November 2024Execution · Current stageExecution · Current stage
  5. Gate into «Closure»DecisionNot held yetDate5 March 2027Closure · Not startedClosure · Not started

Deliverable completion certificate

Evidence, inspection, acceptance and the financial link

Riyadh ChamberMunjazStrategy & projectsMunjazPMO PLATFORM

Execution

Deliverable completion certificate

Evidence, inspection, acceptance and the financial link

Form no.
RC-PMO-F08
Template edition
1.1
Version
V1
Form date
⁦2026-10-27⁩
Hijri
16 Jumada I 1448 AH
ApprovedCRT-020-06Structure

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

Project code
PRJ-2026-020
Project
The Chamber’s Investment Building — Business Tower on King Fahd Road
Portfolio
New Headquarters & Investment Assets Portfolio
Sector
Investment Department
Sponsor
Sarah A. Al-Qarni
Project manager
Eng. Ahmed Y. Asiri

1The deliverableAuto-filled

DeliverableAuto-filled
Structure
DescriptionAuto-filled
A contractual output tied to its WBS work package.
OwnerAuto-filled
Eng. Ahmed Y. Asiri
VersionAuto-filled
V1
Weight in the projectAuto-filled
⁦13%⁩
DueAuto-filled
⁦2025-12-27⁩

2Evidence of completionAuto-filled

FileVersionByDate
PRJ-2026-020_3.2_v1.pdfV1Eng. Ahmed Y. Asiri⁦2026-03-29⁩

3Inspection and acceptance criteria

CriterionResult
Matches the approved scope of workMet
Quality review with no major findingsMet
Evidence attached and signed by the ownerMet
Met3 of 3
InspectorAuto-filled
Hisham A. Al-Tuwairqi
Accepted byAuto-filled
Sarah A. Al-Qarni
Acceptance note
Inspected and accepted against the approved acceptance criteria.

4Financial linkAuto-filled

Contract milestoneAuto-filled
Build complete
ContractAuto-filled
CTR-2024-017
Payment certificateAuto-filled
Linked when the certificate is raised
Payment against itAuto-filled
—

Approval logChain: Deliverable acceptance & certificate · version ⁦1⁩

Every decision on the form — who, their role, the note and the time. It prints with the form.

#StepKindNameDecisionNoteDate & time
1Author—Eng. Ahmed Y. AsiriDirector, Construction Projects & BuildingsSubmitted—⁦2026-03-29⁩ 11:32
2Evidence against the acceptance criteriaMethodology reviewGhada A. Al-ShahraniPMO — analystApproved—⁦2026-03-30⁩ 11:32
3Inspection & technical acceptance — ownerTechnical acceptanceSarah A. Al-QarniProject ownerOn behalf of Hisham A. Al-TuwairqiApprovedInspected and accepted against the approved acceptance criteria.⁦2026-03-31⁩ 12:39
4Deliverable matched to the contract lineFinancial approvalMazen A. Al-HazmiProcurement & contractsApproved—⁦2026-04-02⁩ 14:59
5Certificate linked to the payment certificateFinancial approvalMunirah A. Al-KhalidiFinanceApproved—⁦2026-04-05⁩ 09:36

Signatures

Evidence against the acceptance criteria

Ghada A. Al-Shahrani

Approved⁦2026-03-30⁩

Inspection & technical acceptance — owner

Sarah A. Al-Qarni

Approved⁦2026-03-31⁩

Deliverable matched to the contract line

Mazen A. Al-Hazmi

Approved⁦2026-04-02⁩

Certificate linked to the payment certificate

Munirah A. Al-Khalidi

Approved⁦2026-04-05⁩

Issued from Munjaz — Riyadh Chamber · ⁦2026-10-28⁩Form RC-PMO-F08 · version V1

Deliverable completion certificate

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: Deliverable acceptance & certificate · version ⁦1⁩

Submitted by Eng. Ahmed Y. Asiri on ⁦2026-03-29⁩

  1. Methodology review

    Evidence against the acceptance criteria

    Ghada A. Al-Shahrani · PMO — analyst

    Approved · ⁦2026-03-30⁩ at ⁦11:32⁩

  2. Technical acceptance

    Inspection & technical acceptance — owner

    Hisham A. Al-Tuwairqi · Project owner

    Approved · ⁦2026-03-31⁩ at ⁦12:39⁩ · On behalf of Hisham A. Al-Tuwairqi (Sarah A. Al-Qarni)

    Inspected and accepted against the approved acceptance criteria.

  3. Financial approval

    Deliverable matched to the contract line

    Mazen A. Al-Hazmi · Procurement & contracts

    On the path because: Contract link?

    Approved · ⁦2026-04-02⁩ at ⁦14:59⁩

  4. Financial approval

    Certificate linked to the payment certificate

    Munirah A. Al-Khalidi · Finance

    On the path because: Financial link?

    Approved · ⁦2026-04-05⁩ at ⁦09:36⁩

Approval complete — the form is approved and in force.

Previous versions

Every version is kept with its status and what changed.

  1. V1ApprovedCurrent⁦2026-03-29⁩

    PRJ-2026-020_3.2_v1.pdf

    Eng. Ahmed Y. Asiri

Only one version so far.

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