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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

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-2026-020The Chamber’s Investment Building — Business Tower on King Fahd Road

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

1Weight and relative weightAuto-filled

Project weight score

88 of 100

Relative weight in the portfolio

⁦16.1%⁩

Portfolio

New Headquarters & Investment Assets Portfolio

8 projects

Its share of the portfolio’s progress

7.1 points of 35.3%

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%⁩420.0
Impact on members & beneficiariesThe project’s alignment score⁦20%⁩520.0
Complexity & riskThe project’s risk score⁦10%⁩510.0
Project classificationThe project’s classification⁦10%⁩510.0
Weight score—⁦100%⁩—88

3Relative weights across the portfolioAuto-filled

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

ProjectScoreRelative weightProgress
The Chamber’s New Headquarters Building100⁦18.3%⁩⁦42%⁩
Chamber Conference & Exhibition Hall — Phase 189⁦16.3%⁩⁦2%⁩
The Chamber’s Investment Building — Business Tower on King Fahd Road88⁦16.1%⁩⁦44%⁩
Entrepreneurship Centre & Co-working Spaces — with the Riyadh Region Municipality80⁦14.6%⁩⁦33%⁩
Chamber Channel & Podcast Studio — with a Media Sponsor66⁦12.1%⁩⁦2%⁩
Smart Access, Visitor & Event Management at HQ & the Branches62⁦11.3%⁩⁦79%⁩
Unified Enterprise Network for HQ & the Branches62⁦11.3%⁩⁦55%⁩
Unified Contact Centre 920004565 & AI Assistant69Not counted⁦0%⁩
Weighted portfolio progress—⁦100%⁩⁦35.3%⁩

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 10:13
2Weight model complianceMethodology reviewGhada A. Al-ShahraniPMO — analystApproved—⁦2026-09-20⁩ 12:27
3Portfolio manager approvalTechnical acceptanceEng. Bandar M. Al-ShammariPortfolio managerApproved—⁦2026-09-22⁩ 13:34

Signatures

Weight model compliance

Ghada A. Al-Shahrani

Approved⁦2026-09-20⁩

Portfolio manager approval

Eng. Bandar M. Al-Shammari

Approved⁦2026-09-22⁩

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 ⁦12:27⁩

  2. Technical acceptance

    Portfolio manager approval

    Eng. Bandar M. Al-Shammari · Portfolio manager

    Approved · ⁦2026-09-22⁩ at ⁦13:34⁩

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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