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

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    - xanadu

ft:locale :

    - en-US

ft:publication_title :

    - Xanadu Strategic Portfolio Management

ft:clusterId :

    - itbm

bundleId :

    - itbm

workflow :

    - Technology


---

# Delete a cost model

# Delete a cost model {#ariaid-title1}

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

You can delete cost models if you no longer need them.

## Before you begin

Role required: cost_transparency_admin or cost_transparency_analyst

## Procedure

Perform one of the following steps:

* Open the Cost Models tab on the workbench and click the delete icon.
* Open the Cost Models tab on the workbench, select the check boxes next to the models to delete, and select the Delete action from the choice list.
* Navigate to FinancialsCost Models, open the cost model record, and click Delete.
{#t_DeleteACostModel__choices_efz_mm5_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.")
* [Compare cost models](https://www.servicenow.com/docs/hIjf93yNwxN4bvNaY7M6qA "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.")
* [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.")

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