Riyadh Chamber of Commerce & Industry
Project charter
Chamber Channel & Podcast Studio — with a Media Sponsor
APPROVEDV2Approved 2026-07-31
1Project identity
Required at this stage- Project name
- Chamber Channel & Podcast Studio — with a Media Sponsor
- Project code
- PRJ-2026-022
- Project sponsor
- Eng. Majed S. Al-RasheedEng. Majed S. Al-RasheedExecutive Director, Digital Transformation & ITP-011m.alrasheed@chamber.sa
- Project manager
- Rami Al-KhatibRami Al-KhatibEvents & Riyadh Economic Forum ConsultantP-045r.alkhatib@chamber.sa
- Project owner
- Nawaf S. Al-AjmiNawaf S. Al-AjmiExecutive Director, Corporate Communication & MarketingP-050n.alajmi@chamber.sa
- Portfolio & programme
- New Headquarters & Investment Assets PortfolioSmart Headquarters & Communication Channels Programme
- Type & methodology
- Infrastructure · Stage-Gate
- Current phase
- 3Planning
2Background & rationale
Required at this stageA filming and broadcast studio for the chamber’s channel, its podcast and the digital Tijarat Al-Riyadh magazine, co-funded by a private-sector media sponsor.
3Objectives
Required at this stage- 1A better image of the chamber and stronger communication
- 2Produce more influential knowledge and information
Serves the strategic objectives:SO-1.3A better image of the chamber and stronger communicationSO-3.1Produce more influential knowledge and information
4Scope
Required at this stageIn scope
- A filming and broadcast studio for the chamber’s channel, its podcast and the digital Tijarat Al-Riyadh magazine, co-funded by a private-sector media sponsor.
- 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
5High-level requirements
Required at this stage- 1Saudi Building Code compliance
- 2An approved plan to keep member services and training running during the works
- 3Civil-defence requirements
6Deliverables
Required at this stage| 1 | Project management plan | 2026-08-26 |
| 2 | Main deliverable — stage 1 | 2027-06-08 |
| 3 | Main deliverable — final stage | 2028-01-06 |
| 4 | Final report | 2028-03-31 |
7Key milestones
Required at this stage- Charter approved2026-07-31
- Contract signed2026-11-07
- 50% of works complete2027-06-08
- Provisional acceptance2028-02-11
- Closure2028-03-31
8Budget
Required at this stage- Main contract72.0%1.7M
- Supervision & consulting14.1%325K
- Internal team8.9%205K
- Contingency reserve (5%)5.0%115K
The owning sector’s approved budgetTotal2.3M
9Timeline
Required at this stage10Key risks
Required at this stage- MediumPrivacy and copyright requirements for recorded content under the Personal Data Protection Law
11Constraints
Required at this stage- Stay within the approved budget
- Comply with the Government Tenders & Procurement Law
12Assumptions
Required at this stage- Named internal staff available throughout
- Approvals land within the workflow’s action time limits
13Stakeholders
Required at this stage- Project sponsorDecisions and funding
- Project ownerAccepts deliverables, owns benefits
- Project Management Office (PMO)Governance and compliance
14Success criteria
Required at this stage- 1Delivered within the approved budget
- 2On the approved date ±5%
- 3Target benefits within 12 months
15Governance structure
Required at this stage- Change CommitteeApproves scope, cost and schedule changesWeekly
- PMO CommitteeMethodology compliance, data quality, stage gatesFortnightly
- Project management teamDay-to-day control, risks, impediments, the periodic update cardWeekly