RIYADH: Saudi Arabia has issued national guides for project and asset and facilities management in a bid to increase efficiency across the Kingdom, after SR540 billion ($144 billion) was directed for high-priority spending to serve locals and residents.
According to the government’s Minister of Finance, Mohammad bin Abdullah Al-Jadaan, Saudi Arabia’s Government Expenditure & Projects Efficiency Authority, known as EXPRO, has developed an action plan with 20 highest-spending government agencies to arrange their priorities and align them with the goals of Vision 2030, he added.
EXPRO has now launched two guides to help ensure capital spending delivers value for money, he added.
The CEO of EXPRO, Abdul Razzaq bin Subhi Al-Aujan, said: “These two guides have been prepared in accordance with the best local and international standards and practices.”
“They were under the supervision and follow-up of distinguished national competencies and expertise, which contributes to improving and raising spending efficiency in operating expenses and consolidating the quality of the services provided,” he went on.
The National Guide to Project Management
The guide includes 16 volumes, with each specializing in a specific project management function, which helps public authorities in planning, implementing, and moving from one phase to another.
The National Guide for Asset and Facilities Management
It consists of 17 volumes, each concerned with a specific function of asset and facilities management, with the best local and global practices to accomplish them.
Covering six major sectors of government assets and efficiency, the guide is considered to be the first technical reference of its kind in the field of guiding public authorities on ways to optimally utilize the resources of asset management and facilities for each entity.