PRJ-2026-034At risk4ExecutionConstructionIn progress
Entrepreneurship Centre & Co-working Spaces — with the Riyadh Region Municipality
Add to watchlistA centre for entrepreneurs with co-working spaces on land allocated by the municipality, which brings in the utilities and access roads.
Project managerEng. Ibrahim A. Al-GhamdiProject sponsorEng. Turki A. Al-AnaziProgrammeNew Headquarters & Investment Assets Programme
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
- Pre-start · CompletePre-start · Complete
- Gate into «Initiation»DecisionGoDate7 May 2025Initiation · CompleteInitiation · Complete
- Gate into «Planning»DecisionGoDate6 July 2025Planning · CompletePlanning · Complete
- Gate into «Execution»DecisionGoDate9 November 2025Execution · Current stageExecution · Current stage
- Gate into «Closure»DecisionNot held yetDate29 June 2027Closure · Not startedClosure · Not started
Periodic update cards
Filled by the project manager every period — progress, status, risks and support requested — prefilled from the previous card and the live data, then approved.
Periodic update cards
| Period | Status | Progress | Current step | Date |
|---|---|---|---|---|
| October 2026UPD-034-2026-10 | Draft | 33% | — | 2026-10-26 |
| September 2026UPD-034-2026-09 | Approved | 31% | — | 2026-10-02 |
| August 2026UPD-034-2026-08 | Approved | 29% | — | 2026-09-02 |