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PRJ-2026-034At risk4ExecutionConstructionIn progress

Entrepreneurship Centre & Co-working Spaces — with the Riyadh Region Municipality

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A centre for entrepreneurs with co-working spaces on land allocated by the municipality, which brings in the utilities and access roads.

Early warning: ⁦55%⁩ chance of slipping within ⁦60⁩ days

Budget (BAC)

SAR 11.9M

Actual cost

SAR 4.1M

⁦34%⁩ of budget

Progress

⁦33%⁩Awaiting acceptance ⁦12%⁩

Estimate at completion

SAR 12.4M

SAR +496K

SPI · CPI

0.89Schedule performance index · 0.890.96Cost performance index · 0.96

Forecast finish

⁦2027-09-28⁩

28 days behind baseline

ExecutionStage ⁦4⁩ of ⁦5⁩

Next gate:Closure29 June 2027

  1. Pre-start · CompletePre-start · Complete
  2. Gate into «Initiation»DecisionGoDate7 May 2025Initiation · CompleteInitiation · Complete
  3. Gate into «Planning»DecisionGoDate6 July 2025Planning · CompletePlanning · Complete
  4. Gate into «Execution»DecisionGoDate9 November 2025Execution · Current stageExecution · Current stage
  5. Gate into «Closure»DecisionNot held yetDate29 June 2027Closure · Not startedClosure · Not started

Project proposal & feasibility study

Justification, objectives, benefits, cost and initial risks

Riyadh ChamberMunjazStrategy & projectsMunjazPMO PLATFORM

Proposal

Project proposal & feasibility study

Justification, objectives, benefits, cost and initial risks

Form no.
RC-PMO-F01
Template edition
2.1
Version
V2
Form date
⁦2024-12-08⁩
Hijri
7 Jumada II 1446 AH
ApprovedDMD-2026-034Entrepreneurship Centre & Co-working Spaces — with the Riyadh Region Municipality

Auto-filled — Filled by the platform from the project record, not typed.

Project code
PRJ-2026-034
Project
Entrepreneurship Centre & Co-working Spaces — with the Riyadh Region Municipality
Portfolio
New Headquarters & Investment Assets Portfolio
Sector
Training & Employment Centre
Sponsor
Eng. Turki A. Al-Anazi
Project manager
Eng. Ibrahim A. Al-Ghamdi

1The proposalAuto-filled

TitleAuto-filled
Entrepreneurship Centre & Co-working Spaces — with the Riyadh Region Municipality
Proposed byAuto-filled
Eng. Ibrahim A. Al-Ghamdi
DepartmentAuto-filled
Entrepreneurship & Young Businesspeople Department
Submitted onAuto-filled
⁦2024-12-08⁩
Proposal numberAuto-filled
DMD-2026-034

2Justification

A centre for entrepreneurs with co-working spaces on land allocated by the municipality, which brings in the utilities and access roads.

3Objectives

  1. Empower entrepreneurship, SMEs and employment
  2. The chamber’s services across Riyadh city and its governorates

Strategic objectives served

  • SO-2.4 — Empower entrepreneurship, SMEs and employment
  • SO-2.3 — The chamber’s services across Riyadh city and its governorates

4Expected benefits

KindBenefit
No benefits recorded yet

5Cost & feasibility

Estimated cost

SAR 11.9M

Funding

The owning sector’s approved budget

Cost lineAmount
Main contractSAR 8.6M
Supervision & consultingSAR 1.7M
Internal teamSAR 1.1M
Contingency reserve (5%)SAR 595K
TotalSAR 11.9M

6Initial risks

RiskLevelProposed response
Municipality late bringing utilities and access roads to the siteHighTreated in the risk management plan

Approval logChain: Proposal & feasibility approval · version ⁦4⁩

Every decision on the form — who, their role, the note and the time. It prints with the form.

#StepKindNameDecisionNoteDate & time
1Author—Eng. Ibrahim A. Al-GhamdiDirector, Engineering Supervision of Construction ProjectsSubmitted—⁦2024-12-08⁩ 09:36
2Line manager endorsementTechnical acceptanceEng. Reem K. Al-DosariThe requester’s line managerApproved—⁦2024-12-09⁩ 13:16
3PMO reviewMethodology reviewGhada A. Al-ShahraniPMO — analystApproved—⁦2024-12-12⁩ 14:23
4Portfolio manager reviewTechnical acceptanceEng. Bandar M. Al-ShammariPortfolio managerApprovedConsistent with the portfolio plan and its priorities.⁦2024-12-15⁩ 09:30
5Cost & funding reviewFinancial approvalMunirah A. Al-KhalidiFinanceApproved—⁦2024-12-16⁩ 09:12
6Project Approval CommitteeTechnical acceptanceDr. Noura M. Al-OtaibiProject Approval CommitteeApproved—⁦2024-12-19⁩ 11:44

Signatures

Line manager endorsement

Eng. Reem K. Al-Dosari

Approved⁦2024-12-09⁩

PMO review

Ghada A. Al-Shahrani

Approved⁦2024-12-12⁩

Portfolio manager review

Eng. Bandar M. Al-Shammari

Approved⁦2024-12-15⁩

Cost & funding review

Munirah A. Al-Khalidi

Approved⁦2024-12-16⁩

Project Approval Committee

Dr. Noura M. Al-Otaibi

Approved⁦2024-12-19⁩

Issued from Munjaz — Riyadh Chamber · ⁦2026-10-28⁩Form RC-PMO-F01 · version V2

Project proposal & feasibility study

Prints the form and its approval log on A4.

Project charter

Approval path

Read from the approval engine: the steps, their holders and the time limits in working days.

Chain: Proposal & feasibility approval · version ⁦4⁩

Submitted by Eng. Ibrahim A. Al-Ghamdi on ⁦2024-12-08⁩

  1. Technical acceptance

    Line manager endorsement

    Eng. Reem K. Al-Dosari · The requester’s line manager

    Approved · ⁦2024-12-09⁩ at ⁦13:16⁩

  2. Methodology review

    PMO review

    Ghada A. Al-Shahrani · PMO — analyst

    Approved · ⁦2024-12-12⁩ at ⁦14:23⁩

  3. Technical acceptance

    Portfolio manager review

    Eng. Bandar M. Al-Shammari · Portfolio manager

    Approved · ⁦2024-12-15⁩ at ⁦09:30⁩

    Consistent with the portfolio plan and its priorities.

  4. Financial approval

    Cost & funding review

    Munirah A. Al-Khalidi · Finance

    On the path because: Financial link?

    Approved · ⁦2024-12-16⁩ at ⁦09:12⁩

  5. Technical acceptance

    Project Approval Committee

    Dr. Noura M. Al-Otaibi · Project Approval Committee

    Approved · ⁦2024-12-19⁩ at ⁦11:44⁩

Approval complete — the form is approved and in force.

Previous versions

Every version is kept with its status and what changed.

  1. V2ApprovedCurrent⁦2024-12-29⁩

    Approved after the PMO’s comments

    • Cost estimate updated after indicative quotes
    • Initial risks and their responses added

    Eng. Ibrahim A. Al-Ghamdi

  2. V1Returned for edit⁦2024-12-08⁩

    First draft — returned to complete the cost and risks

    • First version of the proposal

    Eng. Ibrahim A. Al-Ghamdi

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