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PRJ-2026-027At risk4ExecutionHybridIn progress

Entrepreneurship Fast Track Platform

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Readiness assessment and growth plans for start-ups, matched with mentoring, workspaces and funders.

Budget (BAC)

SAR 320K

Actual cost

SAR 206K

⁦64%⁩ of budget

Progress

⁦63%⁩Awaiting acceptance ⁦10%⁩

Estimate at completion

SAR 327K

SAR +7,000

SPI · CPI

0.88Schedule performance index · 0.880.98Cost performance index · 0.98

Forecast finish

⁦2027-01-31⁩

31 days behind baseline

ExecutionStage ⁦4⁩ of ⁦5⁩

Next gate:Closure27 November 2026

  1. Pre-start · CompletePre-start · Complete
  2. Gate into «Initiation»DecisionGoDate3 September 2025Initiation · CompleteInitiation · Complete
  3. Gate into «Planning»DecisionGoDate2 November 2025Planning · CompletePlanning · Complete
  4. Gate into «Execution»DecisionGoDate9 January 2026Execution · Current stageExecution · Current stage
  5. Gate into «Closure»DecisionNot held yetDate27 November 2026Closure · Not startedClosure · Not started
Fields required by the project’s stage (Execution): 15 fields required now.Field settings

Riyadh Chamber of Commerce & Industry

Project charter

Entrepreneurship Fast Track Platform

APPROVEDV2Approved ⁦2025-10-31⁩

1Project identity

Required at this stage
Project name
Entrepreneurship Fast Track Platform
Project code
PRJ-2026-027
Project sponsor
Eng. Turki A. Al-AnaziEng. Turki A. Al-AnaziExecutive Director, Training & Employment CentreP-010t.alanazi@chamber.sa
Project manager
Ghada A. Al-ShahraniGhada A. Al-ShahraniDirector, Entrepreneurship & Young BusinesspeopleP-029g.alshahrani@chamber.sa
Project owner
Eng. Abdulrahman S. Al-HarbiEng. Abdulrahman S. Al-HarbiDirector General, Training & EntrepreneurshipP-014ab.alharbi@chamber.sa
Portfolio & programme
Institutional Excellence & Capability PortfolioInstitutional Excellence & Capability Programme
Type & methodology
Digital · Hybrid
Current phase
4Execution

2Background & rationale

Required at this stage

Readiness assessment and growth plans for start-ups, matched with mentoring, workspaces and funders.

3Objectives

Required at this stage
  1. 1Empower entrepreneurship, SMEs and employment

4Scope

Required at this stage

In scope

  • Readiness assessment and growth plans for start-ups, matched with mentoring, workspaces and funders.
  • Single sign-on through Nafath
  • Integration with internal systems

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
  1. 1Single sign-on through Nafath
  2. 2Integration with internal systems
  3. 3Accessibility and UX standards

6Deliverables

Required at this stage
1Project management plan⁦2025-11-19⁩
2Main deliverable — stage 1⁦2026-06-07⁩
3Main deliverable — final stage⁦2026-11-02⁩
4Final report⁦2026-12-31⁩

7Key milestones

Required at this stage
  1. Charter approved⁦2025-10-31⁩
  2. Contract signed⁦2026-01-09⁩
  3. 50% of works complete⁦2026-06-07⁩
  4. Provisional acceptance⁦2026-11-27⁩
  5. Closure⁦2026-12-31⁩

8Budget

Required at this stage
  • Main contract⁦71.9%⁩230K
  • Supervision & consulting⁦14.1%⁩45K
  • Internal team⁦9.4%⁩30K
  • Contingency reserve (⁦5%⁩)⁦4.7%⁩15K
The owning sector’s approved budgetTotal320K

9Timeline

Required at this stage
Start
2025-11-0211 Jumada I 1447 AH
Baseline finish
2026-12-3122 Rajab 1448 AH
Duration
⁦14⁩ months

10Key risks

Required at this stage
  • MediumLow uptake of the Fast Track readiness assessment among start-ups

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
  1. 1Delivered within the approved budget
  2. 2On the approved date ⁦±5%⁩
  3. 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
Version V2 · ⁦4⁩ of ⁦4⁩ signaturesInternal — not for circulation outside the chamber
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