MunjazStrategy & projects
MunjazPMO PLATFORMInitiation
Project charter
Objective, scope, deliverables, roles and budget
- Form no.
- RC-PMO-F04
- Template edition
- 3.0
- Version
- V2
- Form date
- 2024-05-31
- Hijri
- 23 Dhuʻl-Qiʻdah 1445 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
1Objective
Background
A 22-storey office tower on chamber-owned land to diversify non-membership revenue; the foundations of axes 12–16 face high groundwater.
Project objectives
- Financial sustainability
- The chamber’s services across Riyadh city and its governorates
2Scope
In scope
- A 22-storey office tower on chamber-owned land to diversify non-membership revenue; the foundations of axes 12–16 face high groundwater.
- Saudi Building Code compliance
- An approved plan to keep member services and training running during the works
Out of scope
- Operation and maintenance after the warranty period
- Work outside the approved site or system boundary
3Deliverables and milestones
| Deliverable | Due |
|---|---|
| Project management plan | 2024-07-16 |
| Main deliverable — stage 1 | 2025-12-12 |
| Main deliverable — final stage | 2026-12-29 |
| Final report | 2027-05-31 |
| Milestone | Date |
|---|---|
| Charter approved | 2024-05-31 |
| Contract signed | 2024-11-24 |
| 50% of works complete | 2025-12-12 |
| Provisional acceptance | 2027-03-05 |
| Closure | 2027-05-31 |
4RolesAuto-filled
- SponsorAuto-filled
- Sarah A. Al-Qarni
- Project ownerAuto-filled
- Hisham A. Al-Tuwairqi
- Project managerAuto-filled
- Eng. Ahmed Y. Asiri
| Stakeholder | Role |
|---|---|
| Project sponsor | Decisions and funding |
| Project owner | Accepts deliverables, owns benefits |
| Project Management Office (PMO) | Governance and compliance |
| Governance body | Role | Cadence |
|---|---|---|
| Change Committee | Approves scope, cost and schedule changes | Weekly |
| PMO Committee | Methodology compliance, data quality, stage gates | Fortnightly |
| Project management team | Day-to-day control, risks, impediments, the periodic update card | Weekly |
5BudgetAuto-filled
| Line | Amount |
|---|---|
| Main contract | SAR 12.4M |
| Supervision & consulting | SAR 2.4M |
| Internal team | SAR 1.6M |
| Contingency reserve (5%) | SAR 865K |
| Approved budget | SAR 17.3M |
Funding
The owning sector’s approved budget
6Success criteria and constraints
Success criteria
- Delivered within the approved budget
- On the approved date ±5%
- Target benefits within 12 months
Constraints
- Stay within the approved budget
- Comply with the Government Tenders & Procurement Law
Assumptions
- Named internal staff available throughout
- Approvals land within the workflow’s action time limits
Approval logChain: Project charter approval · version 1
Every decision on the form — who, their role, the note and the time. It prints with the form.
| # | Step | Kind | Name | Decision | Note | Date & time |
|---|---|---|---|---|---|---|
| 1 | Author | — | Eng. Ahmed Y. AsiriDirector, Construction Projects & Buildings | Submitted | — | 2024-05-22 10:00 |
| 2 | PMO compliance | Methodology review | Dr. Noura M. Al-OtaibiPMO — director | Approved | — | 2024-05-25 12:30 |
| 3 | Project owner | Technical acceptance | Hisham A. Al-TuwairqiProject owner | Approved | — | 2024-05-28 09:45 |
| 4 | Budget funding confirmed | Financial approval | Munirah A. Al-KhalidiFinance | Approved | — | 2024-05-29 11:10 |
| 5 | Sponsor approval | Technical acceptance | Sarah A. Al-QarniProject sponsor | Approved | — | 2024-05-31 11:00 |
Signatures
PMO compliance
Dr. Noura M. Al-Otaibi
Approved2024-05-25
Project owner
Hisham A. Al-Tuwairqi
Approved2024-05-28
Budget funding confirmed
Munirah A. Al-Khalidi
Approved2024-05-29
Sponsor approval
Sarah A. Al-Qarni
Approved2024-05-31