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

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    - zurich

ft:locale :

    - en-US

ft:publication_title :

    - Zurich Strategic Portfolio Management

ft:clusterId :

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bundleId :

    - itbm

workflow :

    - Technology


---

# Create monetary benefit plans for your projects in Project Workspace

# Create monetary benefit plans for your projects in Project Workspace {#ariaid-title1}

* Release version: Zurich
* 
* Updated July 31, 2025
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read

Create and manage monetary benefit plans to capture the potential benefits while executing your projects.

## Before you begin

* [Enable monetary benefit plans for projects](https://www.servicenow.com/docs/Cm_HGRgbY1jLGGHCMsVWQw "Enable the benefit plans property to create and manage benefit plans for planning items.")
* Role required: sn_align_ws.spw_financial_user
{#fin-manage-monetary-benefit-plans-pws__ul_vww_qbj_mhc}

## Procedure

1. Navigate to WorkspacesProject Workspace and open a project.
2. Create a monetary benefit plan using one of the options.

   | Option | Procedure |
   | Using Monetary benefit plan related list | 1. Select the Monetary Benefit Plans related list. 2. Select New. {#fin-manage-monetary-benefit-plans-pws__ol_dhr_fmf_khc} |
   | Using finanicals record page | 1. Select Financials from the left menu. 2. Select New monetary benefit plan using the More actions option. {#fin-manage-monetary-benefit-plans-pws__ol_jgx_jmf_khc} |
   |-|-|

   {#fin-manage-monetary-benefit-plans-pws__choicetable_b1n_bmf_khc}
3. On the Benefit Plan form, fill the fields.  
   For a description of the field names, see [Benefit Plan form](https://www.servicenow.com/docs/XDsTgQR1OIhwH1IpkQwbeA "Learn about the fields of benefit plan form.").
4. Select Save.
* **[Edit monetary benefit plan](https://www.servicenow.com/docs/y_FHXatTeS6uAalGktoEaA)**   
  Edit a planned monetary benefit plan to revise the benefits, dates, offset, and so on, to maintain the updated financial records as your work progresses.
* **[Capture actual monetary benefits](https://www.servicenow.com/docs/e6c8P__poEVOMupLI_wmIw)**   
  Capture the actual benefit from the planned benefits to measure revenue and calculate the profits.

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