---
sourceDocument: Australia Strategic Portfolio Management
sourceDocumentLink: https://www.servicenow.com/docs/r/de-DE/it-business-management

 Release :

    - australia

ft:locale :

    - de-DE

ft:publication_title :

    - Australia Strategic Portfolio Management

ft:clusterId :

    - itbm

bundleId :

    - itbm

workflow :

    - Technology


---

# Legacy- Create and promote a budget plan

# Legacy- Create and promote a budget plan {#ariaid-title1}

* Freigeben Version: Australia
* 
* Aktualisiert 12. März 2026
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 Minute Lesedauer

As part of the PPM Standard (Project Portfolio Management) integration, you can
create and promote a budget plan for a portfolio.

## Vorbereitungen

* Role required: it_portfolio_manager
* The Portfolio Planning field for portfolio must be set to Advanced on the [Portfolio
  form](https://www.servicenow.com/docs/vTS4I2xP0fqt4XNT2pwmcQ "Create a portfolio to manage related programs, projects, and demands.").
* The name of the portfolio manager must be set in Portfolio Manager field on Portfolio form.
* The [budget
  period](https://www.servicenow.com/docs/vpXr898nOMBgp1DrokDaUg "The budget period controls the promotion of the budget plans. Budget plans created for a fiscal year can be promoted only if the budget period is open.") for the selected fiscal period must be open to create and promote a budget plan for a portfolio.  
  Hinweis:  
  PPS admin can also open and close the budget period for a fiscal period from Project AdministrationOpen/Close Budget Periods.
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## Warum und wann dieser Vorgang ausgeführt wird

The budget plan includes costs from all selected projects and demands. The budget
plan summary is displayed on portfolio workbench and the details can be seen in
Financial Planning. In the advanced planning mode, the creation of a budget plan is
mandatory to be able to track the portfolio.

## Prozedur

1. Navigate to portfolio workbench and open the portfolio that you want to track.
2. Click Promote Budget Plan under Step 3: Budgeting.
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## Ergebnisse

* The budget plan for the portfolio for the selected fiscal year is created and promoted. You can [re-promote the budget plan](https://www.servicenow.com/docs/DQI~y2LaWkUHtZlxdqjS0w "Repromote the budget plan to reflect the modifications in the portfolio budget that resulted because of a change in demand or project selection planned cost."), if required.
* A budget task with the status Pending Approval is created when the portfolio manager promotes the budget plan, the first time in the budgeting period. The status of the task is visible in Portfolio Workbench.
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## Nächste Maßnahme

* View the status of the budget plan below the budget plan name under Step 3: Budgeting in portfolio workbench. Click the Status link to view the budget task for the budget plan in [financial planning workbench](https://www.servicenow.com/docs/I9BWsuVbWC9ybGYv1haHxQ "Use the financial planning workbench to view the portfolio budget plan promoted by portfolio manager, which is initiated in Project Portfolio Management and converted as a budget plan in Financial Management."). The finance reviews the portfolio budget plans in the [Planning Workbench](https://www.servicenow.com/docs/uLr1qsQNuZVTPotCg7YiYw "The financial planning workbench is a central location to manage budget tasks, review, and approve the promoted plans. Financial planning workbench is deprecated in the Paris release. Financial planning workbench is still available on instances upgraded from a previous release but is not available for new instances.") and approves the plan.
* [Legacy- Track the portfolio](https://www.servicenow.com/docs/f1Uyw2113Ddimg_7acR7VQ "After you complete financial planning, you can start tracking the progress of the portfolio. The portfolio tracking view displays only the selected demands and projects in the portfolio.").
* [Legacy- Create and promote a forecast plan](https://www.servicenow.com/docs/1vgG9cV_ih~ejZvp_tyrvw "As a portfolio manager, you can re-estimate (forecast) the portfolio budget for future periods based on the actual cost and changed project requirements.").
* If the budget plan is finalized and no more changes are expected, the budget period must be closed.
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**Zugehörige Konzepte**   

* [Legacy portfolio workbench](https://www.servicenow.com/docs/dXPuaaBKylvInZ0YevkZ_Q "The portfolio workbench provides a central location for viewing a list of associated demands and projects, planning a portfolio, and tracking its progress. Portfolio workbench is deprecated in the Paris release. Portfolio workbench is still available on instances upgraded from a previous release but is not available for new instances.")
* [Financial Management - Legacy](https://www.servicenow.com/docs/XwFIVvYuVloc9TnvAn_EVg "Use the ServiceNow Financial Management application to allocate, track, and report on expenses in your organization.")