Exploring Portfolio Planning

Prioritize, roadmap, and track the work planned for your products and portfolios using Portfolio Planning. Enhance management of your traditional project and product delivery approach.

Portfolio Planning overview

Portfolio Planning helps you plan work for your products and portfolios in the desired delivery perspective. Cascade the plans from the enterprise level down through portfolios and products or plan work to align with your business objectives.

With lens in Portfolio Planning, you can flexibly switch between planning perspectives and create personalized plans to achieve focused planning for your products and portfolios. From the work associated to these portfolio plans, prioritize and roadmap relevant work, thus aligning the right execution teams to the right strategy.

Comparing Portfolio Planning Workspace with Strategic Planning Workspace

• Portfolio Planning Workspace: Prioritize, roadmap, and track work when using waterfall methodology. Enhance traditional portfolio planning for demand and project management.
• Strategic Planning Workspace: Prioritize, roadmap, and track work when using traditional, agile, or hybrid methodologies. Align strategy to execution by defining and tracking goals across the organization. To learn more about Strategic Planning, see Strategic Planning.

|Pre-defined lens: Organization|

|Pre-defined lens: Project Program|

|Pre-defined lens: Product|

|Pre-defined lens: Strategic Investments|

|Pre-defined lens: Goals|

|Pre-defined lens: Value Stream|

|Pre-defined lens: Business Capability|

|Lens configuration: Modify existing lens|

|Lens configuration: Create new lens|

|Portfolio plans: Create and share|

|Planning items: Supported planning items|Project, Demand|Project, Demand, Epic, Custom| |Supported items for high-level planning|Program (pm_program)|Strategic Program, Initiative, Custom| |Planning items: Custom planning item tables|

|Prioritization|

|Hierarchy (Prioritization)|

|Kanban (Prioritization)|

|Roadmaps: Timeline|

|Roadmaps: Kanban|

|Scenario planning|

|Scoring|

|Goals|

|Product Feedback|

|Capacity planning|

|Financials|

|Create and share free-form roadmaps|Project, Demand, and Program tables|Any ServiceNow® platform entity| |Enterprise Agile Planning|

|Dashboards|

|Monitor goals and strategies in ServiceNow AI Control Tower|

|Strategy and Goals - Managing enterprise goals using boards|

|Next Experience for Demand Management|

Learn about different features of Portfolio Planning in detail from the following sections.

• Lenses in Portfolio Planning
  Flexibly switch planning perspectives to prioritize, roadmap, and view the alignment of work using personalized portfolio plans. Improve enterprise planning by discovering planning insights that drive shared outcomes.
• Portfolio plans in Portfolio Planning
  Personalized portfolio plans help you align work with your company's objectives and roadmap the right work for the right time.
• Work prioritization in Portfolio Planning
  Prioritize work that is relevant for your portfolio using a centralized Workspace in Portfolio Planning. Review and determine the right work to invest in.
• Roadmaps in Portfolio Planning
  Effectively plan work for your company using visual roadmaps in Portfolio Planning Workspace.
• Scenario planning in Portfolio Planning
  Create and evaluate strategic scenarios to explore different planning approaches. Approve the optimal scenario that aligns with the organizational goals and strategic priorities.
• Portfolio Planning with Project Portfolio Management
  Facilitate execution of the work planned in Portfolio Planning in ServiceNow Project Portfolio Management (PPM) application.
• Capacity planning in Portfolio Planning
  The Capacity Planning screen provides portfolio managers a comprehensive view of capacity, allocations, and utilization of resources.
• Financial planning for Projects and Demands
  Plan, re-forecast, track the financials, and create baselines for projects and demands.
• Dashboards in Portfolio Planning Workspace
  As a product and portfolio manager, use dashboards in Portfolio Planning Workspace to monitor performance, track progress, and make informed decisions related to planning and execution. These dashboards leverage Platform Analytics to provide a trend of historical data and regular reports.
• Better together with other ServiceNow applications
  Integration of Portfolio Planning with other ServiceNow® applications helps portfolio and product managers to optimize planning, collaboration, and release management for their products.

Parent Topic:Portfolio Planning