Energy Retrofit of Existing SCA Buildings (ESCO)
Add to watchlistHVAC and lighting retrofits in 34 owned and leased SCA buildings through ESCOs on performance contracts.
Budget (BAC)
Actual cost
8% of budget
Progress
Estimate at completion
SPI · CPI
Forecast finish
123 days behind baseline
PlanningStage 3 of 5
Next gate:Execution24 April 2026
- Pre-start · CompletePre-start · Complete
- Gate into «Initiation»DecisionGoDate3 December 2025Initiation · CompleteInitiation · Complete
- Gate into «Planning»DecisionGoDate1 February 2026Planning · Current stagePlanning · Current stage
- Gate into «Execution»DecisionNot held yetDate24 April 2026Execution · Not startedExecution · Not started
- Gate into «Closure»DecisionNot held yetClosure · Not startedClosure · Not started
Finance & earned value
The full budget structure, cost broken down by eight dimensions, cash flow with its S-curve, and earned-value indicators with an automatic end-of-project forecast.
Budget anatomy
The approved SAR 33M split into spent, committed and left, with the estimate at completion
- Actual spendSAR 2.6M
- Committed, not spentSAR 460K
- Allotted, uncommittedSAR 28.9M
- Contingency availableSAR 990K
Budget
- EstimatedManualFrom the project proposal — not from the finance systemthe proposal’s cost before approval
- SAR 31.7M
- Original budgetwhen the first baseline was approved
- SAR 33M
- Approved budgetafter approved change requests
- SAR 33M
- Current budgetavailable to spend now
- SAR 33M
- Revised budgetif the pending changes are approved
- SAR 33M
Commitments
- CommitmentsSyncedFrom the nightly finance-system syncsigned contracts and purchase orders
- SAR 3.1M
- Contracts0 active contracts
- SAR 0
- Purchase orders2 orders
- SAR 3.1M
- Remaining budgetapproved less actual
- SAR 30.4M
Spend & outlook
- Actual costSyncedFrom the nightly finance-system syncincluding accruals
- SAR 2.6M
- Accrualswork done, not yet invoiced
- SAR 106K
- Estimate at completionManualThe project manager’s estimate — not from the finance systemthe PM’s bottom-up forecast
- SAR 33M
- ContingencySAR 660K drawn of SAR 1.7M
- SAR 990K
Estimated vs approved budget
What the project proposal estimated before approval, against today’s approved budget and the estimate at completion
- Approved is SAR 1.3M (4.1%) above the estimate
- The estimate at completion is SAR 1.3M (4.1%) above the estimate
From the «project proposal & feasibility study» approved at the approval gate on 2025-11-18 · The gap between estimated and approved comes from the scope update and the change requests approved after the approval gate.
ERP link — data readiness
The link keys are ready for the finance-system sync; Munjaz follows the project and does not replace the accounting system
- Cost centreCC-71026
- WBS elements5 elements · P-2026-026.01 …
- Purchase orders2 synced · 0 manual
- Invoices & certificatesNo certificates
Where each figure comes from
- EstimatedManualFrom the project proposal — not from the finance system
- CommitmentsSyncedFrom the nightly finance-system sync
- Actual costSyncedFrom the nightly finance-system sync
- Estimate at completionManualThe project manager’s estimate — not from the finance system
Once the link is live, synced figures are read from the finance system; manual updates stay available to the same roles and are logged.
Purchase-order registerManual edit log
Every manual update — who, when, why and from which source
No manual edits on this project
All its figures come from the finance-system sync. Finance & procurement — and the project manager, for the estimate at completion — can update them by hand.
Budget bridge
From the original to the revised request
- Total
- Increase
- Decrease
Contingency draw-downs
SAR 660K drawn of SAR 1.7M
- Covering realised delivery risks2026-08-29SAR 660K
Purchase orders
- PO-2026-0485Energy audit, measurement and verificationSAR 1.2MSAR 558K paid
- PO-2026-0372Smart energy meters and metering devicesSAR 1.9MSAR 837K paid
Cost breakdown structure
Every dimension adds up to the same totals
| Item | BudgetSAR M | CommittedSAR M | ActualSAR M | EACSAR M | VarianceSAR M | Consumption |
|---|---|---|---|---|---|---|
| 1Management & governance | 1.92 | 1.98 | 1.98 | 1.98 | −0.06 | |
| 2Design & permits | 3.84 | 0.71 | 0.66 | 3.89 | −0.05 | |
| 3Civil works | 12.16 | 0.19 | 0.00 | 12.34 | −0.18 | |
| 4MEP works | 9.60 | 0.15 | 0.00 | 9.74 | −0.14 | |
| 5Handover | 4.48 | 0.07 | 0.00 | 4.55 | −0.07 | |
| Unallocated contingency | 0.99 | 0.00 | 0.00 | 0.50 | +0.50 | |
| Total | 33.00 | 3.10 | 2.64 | 33.00 | +0.00 |
Budget split
WBS
SAR 33M
Budget
- Management & governanceSAR 1.9M6%
- Design & permitsSAR 3.8M12%
- Civil worksSAR 12.2M37%
- MEP worksSAR 9.6M29%
- HandoverSAR 4.5M14%
- Unallocated contingencySAR 990K3%
Cash flow
Planned, committed, actual and forecast
Spend per period
SAR millions
- Planned
- Actual
- Forecast
Cumulative S-curve
Cumulative to close
- Actual, then forecast
- Planned, cumulative
- Committed, cumulative
- Forecast
Earned value management
At the data date 2026-10-28
Planned value, earned value and actual cost
- Planned value
- Earned value
- Actual cost
- Estimate at completion
- Budget at completion
0.15
Off track
Schedule performance index
SPI = EV ÷ PV
1.00
On track
Cost performance index
CPI = EV ÷ AC
Finish by earned schedule
2030-05-22+1,057
SPI(t) 0.33 against the approved finish 2027-06-30
- Planned valuePV
- SAR 18M
- The value of the work that should be done by today.
- PV
- Earned valueEV
- SAR 2.6M
- The value of the work actually done, at plan prices.
- EV = % complete × BAC
- Actual costAC
- SAR 2.6M
- What has actually been spent on the work done.
- AC
- Budget at completionBAC
- SAR 33M
- The approved budget for the whole project.
- BAC
- Cost varianceCV
- +0.00 SAR M
- Earned less actual; negative means paying more than the value.
- CV = EV − AC
- Schedule varianceSV
- −15.31 SAR M
- Earned less planned; negative means behind, in value.
- SV = EV − PV
- Cost performance indexCPI
- 1.00
- Value produced per riyal spent; under 1 is an overrun.
- CPI = EV ÷ AC
- Schedule performance indexSPI
- 0.15
- Work done over work planned; under 1 is behind.
- SPI = EV ÷ PV
- Estimate at completionEAC
- SAR 33M
- What the project will cost when it finishes, as forecast.
- EAC = BAC ÷ CPI
- Estimate to completeETC
- SAR 30.4M
- What is still to be spent to completion.
- ETC = EAC − AC
- Variance at completionVAC
- +0.00 SAR M
- Budget less the estimate; negative is an overrun.
- VAC = BAC − EAC
- To-complete performance indexTCPI
- 1.00
- The cost efficiency the rest must reach to stay on budget.
- TCPI = (BAC − EV) ÷ (BAC − AC)
Automatic end-of-project forecast
Four ways to estimate the final cost, and the date earned schedule points to
- At today’s cost performanceSAR 33M
- If the rest goes to planSAR 33M
- At cost and schedule performanceSAR 209.1M
- The PM’s bottom-up estimateSAR 33M
- The performance needed on the rest is below what has been achieved; the budget holds.
Estimate at completion at that performance
SAR 33M
Variance at completion: +0.00 SAR M