---
sourceDocument: Australia Strategic Portfolio Management
sourceDocumentLink: https://servicenow-prod.fluidtopics.net/r/pt-BR/it-business-management

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    - australia

ft:locale :

    - pt-BR

ft:publication_title :

    - Australia Strategic Portfolio Management

ft:clusterId :

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workflow :

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---

# Legacy- View promoted portfolio budget plans in the planning workbench

# Legacy- View promoted portfolio budget plans in the planning workbench {#ariaid-title1}

* Versão de lançamento: Australia
* 
* Atualizado 12 de mar. de 2026
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 2 min. de leitura

Use the financial planning workbench to view the portfolio budget plan promoted by
portfolio manager, which is initiated in Project Portfolio Management and converted as a
budget plan in Financial Management.

## Antes de Iniciar

Nota:  
The content in this topic is applicable for customers upgrading from a previous release to Australia. If you are a new customer, see [Scenario Planning for PPM](https://servicenow-prod.fluidtopics.net/4B3tlOLUS2ZxYgtvv1chtA "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.").
Role required: itfm_plan_analyst

You require Project Portfolio Suite
with Financials \[com.snc.financial_planning_pmo\] plugin to perform portfolio
budgeting and forecasting.

## Por Que e Quando Desempenhar Esta Tarefa

In Project Portfolio Management, portfolio managers use [portfolio workbench to plan and promote the portfolio annual budget
plan](https://servicenow-prod.fluidtopics.net/cbhWEqfWy_HwNWp2oQ_XFg "As a portfolio manager, you can perform financial planning for a portfolio for a fiscal year using the portfolio workbench. Portfolio planning can be completed using either simple or advanced mode.").  
Nota:  
The budget period or forecast period must be open to promote the portfolio plan.

A budget task with the status Pending Approval is created when
the portfolio manager promotes the budget plan, the first time in the budgeting
period. The status of the task is visible in Portfolio Workbench.  
Figura 1. Portfolio Workbench

The finance reviews the portfolio budget plans in the Planning Workbench and approves
the plan.

The planning process between the portfolio managers and the IT finance is entirely
automated. The plan promoted in the Portfolio Workbench is available in the Planning
Workbench. Finance approves the plan by approving the task, or sends it back to
portfolio manager indicating the status as Awaiting Input.
The portfolio managers reworks on the IT finance review recommendations and promotes
the plan.  
Nota:  
The planning workbench replaces the budget console that was used in the Jakarta release.

## Procedimento

1. Navigate to AllFinancial PlanningWorkbench.
2. From the choice list at the top-right of the workbench, select the budget period for which you are doing the planning.  
   You can also create a budget period and open it to make it available for budgeting.
3. From the choice list, select the Portfolio Budget Planning definition.  
   Nota:  
   The budget tasks originating from the Portfolio Workbench are initially in the Pending Approval state.  
   Figura 2. Portfolio budget plans
4. To view the promoted budget amount or last forecast amount, click Plan View.
5. Open a budget task record from the budget tasks list.  
   You can also do this task in the VTB View of the workbench.
   As an IT finance analyst, you approve the promoted plan details or send it back to the portfolio manager by adding a note in the Work notes field and update the State field to Awaiting Input.

   Forecasting

   The same
   process applies even for the forecasting period. The plan view shows the
   last promoted column which is the last promoted forecast plan from portfolio
   manager. The forecast amount contains actuals until the forecasting month
   and forecast for remaining period by the portfolio
   manager.
   Cost plan Actuals

   The actuals column in
   plan view is based on the cost plan actuals which is generated based on
   approved expense lines and actuals from timecards from Project Portfolio
   Management. If you notice a discrepancy in actuals amounts, regenerate
   actuals from Generate Actuals available at the top
   right corner of workbench. ![Cost plan actuals]()
{#view-ppm-portfolio-budget-plan-in-planning-workbench__steps_sss_sd3_rbb}
* **[Legacy- Portfolio budget object configuration](https://servicenow-prod.fluidtopics.net/w~yes3aMrQsbWmkX~uxyCQ)**   
  The planned cost of cost plans in portfolio when promoted by portfolio managers are converted to budget plans. The base system has a seeded read-only budget definition Portfolio Budget Planning Process used for the promotion of portfolio.