--- sourceDocument: Yokohama Strategic Portfolio Management sourceDocumentLink: https://www.servicenow.com/docs/r/yokohama/it-business-management Release : - yokohama ft:locale : - en-US ft:publication_title : - Yokohama Strategic Portfolio Management ft:clusterId : - itbm bundleId : - itbm workflow : - Technology --- # Create a portfolio # Create a portfolio {#ariaid-title1} * Release version: Yokohama * * Updated March 12, 2026 * * ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 2 minutes to read Create a portfolio to manage related programs, projects, and demands. ## Before you begin * Create demands, programs, and projects to include as part of the portfolio. * Role required: it_portfolio_manager or admin {#t_CreateAPortfolio__ul_fkk_w2n_mx} ## Procedure 1. Navigate to AllProjectPortfoliosCreate New. 2. Enter a unique Name that summarizes the programs, projects, and demands included in this portfolio. 3. Enter a Description for the portfolio that adequately explains the various programs, projects, and demands attached to it. 4. Enter the name of the Portfolio Manager. 5. Select Create Portfolio. ## Result The portfolio is created and the form reopens with additional fields, related links, and related lists. ## What to do next Fill in the following related links and lists to complete the portfolio: {#t_CreateAPortfolio__table_kd5_sdn_mx__entry__2} | Field | Description | |-|-| | Demand Workbench | Link to open Demand Workbench. | | Portfolio Target | Link to open the Portfolio Target dialog box for you to enter the CAPEX and OPEX target for each fiscal year. This target amount is split equally among the fiscal periods. The portfolio target is included in the Portfolio Target related list. | | Portfolio Planning | Link to open Portfolio Planning Workbench for scenario planning. This related link is available when Scenario Planning for PPM is installed in your instance. For more information, see [Scenario Planning for PPM](https://www.servicenow.com/docs/h_12xGcVV0WBnRsIuRdUuA "The Scenario Planning for PPM application provides a central location for portfolio managers to create and track the roadmap for project execution for a given fiscal year. Optimize your budget and resource usage by creating and comparing different scenarios for your project and demand roadmap or resources."). | | Analytics Portfolio | Link to open the PMO Dashboard. The dashboard generates graphical reports for the portfolio. | [Table 1. Portfolio form Related links] {#t_CreateAPortfolio__table_kd5_sdn_mx} {#t_CreateAPortfolio__table_il5_rhz_fdc__entry__2} | Field | Description | |-|-| | Demands | List of demands that are part of the portfolio. To create a demand, select New. To add existing demands to the portfolio, select Edit. | | Projects | List of projects that are part of the portfolio. To add existing projects to the portfolio, select Edit. | | Programs | List of programs that are part of the portfolio. To create a program, select New. To add existing programs to the portfolio, select Edit. | | Risks | List of risks that are part of the portfolio. The program, project, and demand risks are also displayed in this list. To create a risk, select New. | | Issues | List of issues that are part of the portfolio. The portfolio, program, project, and demand issues are also included in this list. To create an issue, select New. | | Cost Plans | List of cost plans of [projects](https://www.servicenow.com/docs/wOOLNwbxa9__UNZDvz8dWQ "Create a cost plan to specify the unit cost of a cost type for a fiscal period. Project cost plans capture the costs of projects.") and [demands](https://www.servicenow.com/docs/GmrutX3oTMv~jVmB2tljkw "Demand cost plans capture the costs of demands. Create a cost plan to specify the unit cost of a cost type for a fiscal period.") that are part of the portfolio. | | Monetary Benefit Plans | List of monetary benefit plans of [projects](https://www.servicenow.com/docs/wOOLNwbxa9__UNZDvz8dWQ "Create a cost plan to specify the unit cost of a cost type for a fiscal period. Project cost plans capture the costs of projects.") and [demands](https://www.servicenow.com/docs/GmrutX3oTMv~jVmB2tljkw "Demand cost plans capture the costs of demands. Create a cost plan to specify the unit cost of a cost type for a fiscal period.") that are part of the portfolio. To create a monetary benefit plan, open the project or demand record and select New in the Monetary Benefit Plans related list. | | Non-monetary Benefit Plans | List of non-monetary benefit plans of [projects](https://www.servicenow.com/docs/wOOLNwbxa9__UNZDvz8dWQ "Create a cost plan to specify the unit cost of a cost type for a fiscal period. Project cost plans capture the costs of projects.") and [demands](https://www.servicenow.com/docs/GmrutX3oTMv~jVmB2tljkw "Demand cost plans capture the costs of demands. Create a cost plan to specify the unit cost of a cost type for a fiscal period.") that are part of the portfolio. To create a non-monetary benefit plan, open the project or demand record and select New in the Non-monetary Benefit Plans related list. | | Portfolio Target | List of portfolio capital and operational expense target for different fiscal years. The values are displayed from the project_funding table. Set these values in the [Portfolio Target](https://www.servicenow.com/docs/ZOwwtRuHkX7483SNmgLb5g "When planning for a portfolio or all portfolios, start by selecting the fiscal period for the demands and projects that you want to work with. You then set the target amounts for both operating and capital expenses of portfolios when Scenario Planning is not integrated with Investment Funding.") window on the portfolio form. You can create targets for different financial periods. Note: The PPS admin can also set the portfolio target by navigating to Project AdministrationEnter Portfolio Target. | | Planning \& Budgeting | According to the fiscal years, lists projects and demands that are part of the portfolio. You can include or exclude a project or demand from the portfolio budget plan. | [Table 2. Portfolio form Related lists] {#t_CreateAPortfolio__table_il5_rhz_fdc} **Related concepts** * [Scenario Planning for PPM](https://www.servicenow.com/docs/h_12xGcVV0WBnRsIuRdUuA "The Scenario Planning for PPM application provides a central location for portfolio managers to create and track the roadmap for project execution for a given fiscal year. Optimize your budget and resource usage by creating and comparing different scenarios for your project and demand roadmap or resources.") * [Portfolio Dashboard](https://www.servicenow.com/docs/KDELGHhWFQVM94GLZXhRdw "Portfolio Dashboard provides a central location to a portfolio manager to generate different graphical reports of the portfolios.") **Related tasks** * [Open a portfolio status list](https://www.servicenow.com/docs/9Bmfm2efpORNk2qlE4N5EA "Open the status list of a portfolio to see the projects that are included in it.") *[\>]: and then