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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 management plan

One plan bringing the schedule, deliverables, risks, communications, quality and benefits together from the project’s records, approved through the plan’s chain.

Riyadh ChamberMunjazStrategy & projectsMunjazPMO PLATFORM

Planning

Project management plan

Schedule, deliverables, risks, communications, quality and benefits

Form no.
RC-PMO-F05
Template edition
2.0
Version
V2
Form date
⁦2024-06-27⁩
Hijri
21 Dhuʻl-Hijjah 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

1ScheduleAuto-filled

From the project schedule and its approved baseline.

Start

⁦2024-06-02⁩

Baseline finish

⁦2027-05-31⁩

Forecast finish

⁦2027-08-03⁩

SPI

0.80

MilestonePlannedForecastSlip
Project plan approved⁦2025-01-14⁩⁦2025-05-14⁩+120 days
Designs approved⁦2025-07-06⁩⁦2026-02-03⁩+212 days
Build complete⁦2026-03-23⁩⁦2027-03-09⁩+351 days
Testing & acceptance complete⁦2026-12-09⁩⁦2027-06-04⁩+177 days
Final handover⁦2027-05-31⁩⁦2027-08-01⁩+62 days

2DeliverablesAuto-filled

DeliverableWeightDueOwner
Project plan & baseline⁦3%⁩⁦2024-10-19⁩Eng. Ahmed Y. Asiri
Monitoring & reporting⁦3%⁩⁦2025-01-14⁩Hisham A. Al-Tuwairqi
Detailed design⁦6%⁩⁦2025-04-10⁩Hisham A. Al-Tuwairqi
Permits & approvals⁦6%⁩⁦2025-07-06⁩Sarah A. Al-Qarni
Site works & excavation⁦13%⁩⁦2025-10-01⁩Sarah A. Al-Qarni
Structure⁦13%⁩⁦2025-12-27⁩Eng. Ahmed Y. Asiri
Finishes⁦12%⁩⁦2026-03-23⁩Hisham A. Al-Tuwairqi
Supply⁦10%⁩⁦2026-06-18⁩Eng. Ahmed Y. Asiri
Installation⁦10%⁩⁦2026-09-13⁩Hisham A. Al-Tuwairqi
Testing & commissioning⁦10%⁩⁦2026-12-09⁩Sarah A. Al-Qarni
Provisional acceptance⁦7%⁩⁦2027-03-05⁩Hisham A. Al-Tuwairqi
Final acceptance⁦7%⁩⁦2027-05-31⁩Sarah A. Al-Qarni
Accepted with a certificate⁦44%⁩——

3RisksAuto-filled

CodeRiskScoreResponseOwner
RSK-0034Unforeseen ground conditions and groundwater at the foundations of axes 12 to 1620EscalateEng. Ahmed Y. Asiri
RSK-0035Pile lengths exceeding contract quantities12MitigateEng. Ahmed Y. Asiri

4CommunicationsAuto-filled

AudienceNeedFrequencyOwner
Project sponsorStatus and decisions neededMonthlyEng. Ahmed Y. Asiri
Project ownerDeliverable status and acceptance datesFortnightlyEng. Ahmed Y. Asiri
PMOData and indicator updatesWeeklyEng. Ahmed Y. Asiri
BeneficiariesWhat changes and whenAt each milestoneEng. Ahmed Y. Asiri
Team memberRoleAllocation
Eng. Ahmed Y. AsiriProject manager⁦50%⁩
—Planning & scheduling engineer⁦50%⁩

5QualityAuto-filled

Quality leadAuto-filled
Eng. Adel S. Al-Amoudi
Review cadenceAuto-filled
Inspection of each foundation axis after striking; a design review at every change
Next reviewAuto-filled
⁦2026-11-02⁩
Quality criterionThresholdNowMet
Crack width in the basement wallsUnder 0.2 mm0.3 mm at axis 7No
Rebar cover75 mm for foundationsCompliant in 14 of 14Yes

6BenefitsAuto-filled

BenefitBaselineTargetOwner
No benefits recorded

Approval logChain: Project management plan approval · 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—⁦2024-06-27⁩ 12:03
2Methodology review — PMOMethodology reviewGhada A. Al-ShahraniPMO — analystApprovedComplete against the project management plan template.⁦2024-07-02⁩ 14:05
3Technical acceptance — project ownerTechnical acceptanceHisham A. Al-TuwairqiProject ownerApproved—⁦2024-07-03⁩ 09:12
4Cash flow & financial commitmentFinancial approvalMunirah A. Al-KhalidiFinanceApproved—⁦2024-07-04⁩ 13:58
5Plan aligned with the contractsFinancial approvalMazen A. Al-HazmiProcurement & contractsApproved—⁦2024-07-08⁩ 14:35
6Sponsor approvalTechnical acceptanceSarah A. Al-QarniProject sponsorApproved—⁦2024-07-09⁩ 12:33

Signatures

Methodology review — PMO

Ghada A. Al-Shahrani

Approved⁦2024-07-02⁩

Technical acceptance — project owner

Hisham A. Al-Tuwairqi

Approved⁦2024-07-03⁩

Cash flow & financial commitment

Munirah A. Al-Khalidi

Approved⁦2024-07-04⁩

Plan aligned with the contracts

Mazen A. Al-Hazmi

Approved⁦2024-07-08⁩

Sponsor approval

Sarah A. Al-Qarni

Approved⁦2024-07-09⁩

Issued from Munjaz — Riyadh Chamber · ⁦2026-10-28⁩Form RC-PMO-F05 · version V2

Project management plan

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 management plan approval · version ⁦1⁩

Submitted by Eng. Ahmed Y. Asiri on ⁦2024-06-27⁩

  1. Methodology review

    Methodology review — PMO

    Ghada A. Al-Shahrani · PMO — analyst

    Approved · ⁦2024-07-02⁩ at ⁦14:05⁩

    Complete against the project management plan template.

  2. Technical acceptance

    Technical acceptance — project owner

    Hisham A. Al-Tuwairqi · Project owner

    Approved · ⁦2024-07-03⁩ at ⁦09:12⁩

  3. Financial approval

    Cash flow & financial commitment

    Munirah A. Al-Khalidi · Finance

    On the path because: Financial link?

    Approved · ⁦2024-07-04⁩ at ⁦13:58⁩

  4. Financial approval

    Plan aligned with the contracts

    Mazen A. Al-Hazmi · Procurement & contracts

    On the path because: Contract link?

    Approved · ⁦2024-07-08⁩ at ⁦14:35⁩

  5. Technical acceptance

    Sponsor approval

    Sarah A. Al-Qarni · Project sponsor

    Approved · ⁦2024-07-09⁩ at ⁦12:33⁩

Approval complete — the form is approved and in force.

Previous versions

Every version is kept with its status and what changed.

  1. V2ApprovedCurrent⁦2024-06-27⁩

    Approved with the baseline

    • Schedule and cost baseline approved

    Eng. Ahmed Y. Asiri

  2. V1Returned for edit⁦2024-06-13⁩

    First draft — returned to complete the quality plan

    • Plan from the methodology template

    Eng. Ahmed Y. Asiri

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