With the ServiceNow® Portfolio
Management application, you can create portfolios which are collections of related programs,
projects, and demands. You can then perform financial planning and monitor the status and
progress of these portfolios.
Watch this four-minute video to learn about the portfolio structure, creating a portfolio and program, setting up a stakeholder registry.
You must have the it_portfolio_manager role to manage a portfolio. The Portfolio Management application provides these capabilities to the portfolio manager:
Create a portfolio by adding related programs, projects, and demands.
Perform annual portfolio planning by selecting demands, projects, and programs.
Track the progress and status of all the programs, projects, and demands that are part of the portfolio. You can track the costs, resources, schedules, risks, and issues.
The following diagram provides an overview of Portfolio Management. Figure 1. Overview of Portfolio Management
Scenario-based Portfolio Planning
Install the Scenario Planning for PPM application from ServiceNow Store to help the
portfolio managers do a scenario-based portfolio planning with different combinations of
demands and projects. You can Compare multiple scenarios in a portfolio and fund only those
demands and projects that add financial value to the organization.
