---
sourceDocument: Xanadu Strategic Portfolio Management
sourceDocumentLink: https://www.servicenow.com/docs/r/xanadu/it-business-management

 Release :

    - xanadu

ft:locale :

    - en-US

ft:publication_title :

    - Xanadu Strategic Portfolio Management

ft:clusterId :

    - itbm

bundleId :

    - itbm

workflow :

    - Technology


---

# Compare cost models

# Compare cost models {#ariaid-title1}

* Release version: Xanadu
* 
* Updated August 1, 2024
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read

You can compare any two cost models to see the differences in bucketed expenses, the
hierarchy of segments, and allocation data for a fiscal period.

## Before you begin

Role required: cost_transparency_admin or cost_transparency_analyst

## About this task

Compare cost models if you want to see how the expenses in a potentially new cost
model breakdown into allocations. The data shown in the cost model comparison is
actual data from the bucketing stage and actual allocation data. If you didn't yet
complete the bucketing and allocation stages in the workbench, no data appears.

You can only compare two cost models at a time.

## Procedure

1. Open the Cost Models tab on the workbench.
2. Select the check boxes next to the cost models that you want to compare.
3. Click Compare Cost Models.
4. Select a fiscal period.
5. Click any of the following items.

   | Option | Description |
   | Buckets | The amounts in each bucket and subbucket. Click Collapse All or Show All to hide or show all the buckets. |
   | Hierarchy | Hierarchy of segments. |
   | Data | Allocation data for each segment that has costs allocated to it. |
   |-|-|

   {#t_CompareCostModels__choicetable_phz_5xt_js}
6. You can also change cost models by selecting a new model from the Current Cost Model or Proposed Cost Model lists on either side.
{#t_CompareCostModels__steps_n31_cy5_xr}
**Related concepts**   

* [Prescriptive cost models for shared services and business applications](https://www.servicenow.com/docs/ssPClams7mDDqw_zXlaswA "L1 Costing – Shared Services provides a complete visibility of fully loaded IT infrastructure cost, infrastructure shared services showback, and lays foundation for future growth. L2 Costing – Business Applications provides cost of applications and end user, aligns applications to business units, furnishes cost information to support each business unit in business terms.")
* [Prescriptive cost models for business services and business capabilities](https://www.servicenow.com/docs/CJSryuQGSaXVf~DcCTzNmA "Use the preconfigured business services and business capabilities cost models with their prescribed metrics for weight allocation. Understand the system requirements that each model supports, the allocation methods, and the datasets required to use them effectively.")  
**Related tasks**   

* [View settings for each cost model](https://www.servicenow.com/docs/lUc~TreZSOmD~0Cz67gVdA "You can create a basic cost model from the Data Definition stage of the Workbench or from the Cost Models tab.")
* [Delete a cost model](https://www.servicenow.com/docs/2iBu9zwC8dU5nrzx~Kk8Jg "You can delete cost models if you no longer need them.")
* [Clone a cost model](https://www.servicenow.com/docs/XSRx3fLABC1bo5GxEy0Ucw "If you want to create a cost model based on an existing one, you can clone a cost model.")
* [Create breakdown relationship](https://www.servicenow.com/docs/9zsgQxE0GEc30Cy2axnRzw "Define a breakdown relationship between required segments to view cost lines generated between the segments.")