Project Portfolio Management release notes
Summarize
Summary of Project Portfolio Management Release Notes - Washington DC
The Washington DC release of ServiceNow® Project Portfolio Management (PPM), updated on February 1, 2024, introduces enhancements that facilitate the creation and management of various projects, from simple tasks to extensive portfolios. Key updates focus on migrating existing resources and dashboards to improve project planning and resource management.
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Key Features
- Migrate Resource Plans: Transition resource plans to attribute-based assignments within Project Workspace, enhancing resource allocation efforts.
- Migrate Cost Plans: Shift to attribute-based labor costs for better tracking of project expenses.
- Labor Cost Generation: Automatically generate labor costs for Agile epics based on resource assignments.
- Next Experience Migration: Moving dashboards such as Idea Manager, PMO, and Strategic Spend Tracking to the Next Experience UI for improved visualization and usability.
- Resource Management Workspace: Experience enhanced resource management with a centralized view of work requests and resource allocations.
Key Outcomes
By upgrading to the Washington DC release, customers can expect a streamlined experience in managing projects and resources. The migration to attribute-based resource assignments and cost plans allows for more accurate tracking and reporting, while the Next Experience UI enhances accessibility and analytics capabilities. Activation of the PPM Standard plugin is necessary to leverage these features, and additional applications can be installed via the ServiceNow Store.
The ServiceNow® Project Portfolio Management application enables you to create and manage a wide range of projects ranging from a few small tasks to large portfolios of projects. Project Portfolio Management was enhanced and updated in the Washington DC release.
Project Portfolio Management highlights for the Washington DC release
- Migrate resource plans to resource assignments of projects and demands and work on resource allocation using ServiceNow® Project Workspace.
- Migrate cost plans to attribute-based labor costs for your projects and demands.
- Generate labor costs for Agile epics.
- Migrate baselines for your projects and demands to Next Experience.
- Migrate the Idea Manager dashboard to Next Experience.
- Migrate the PMO dashboard to Next Experience.
- Migrate the Strategic Spend Tracking for PPM dashboard to Next Experience.
See Explore Project Portfolio Management for more information.
New in the Washington DC release
- Enhanced project planning and management
- Create and manage cost plans by using the new Project Workspace. For more information, see the Project Workspace release notes.
- New experience to view and manage resource allocations
- Experience the next level of Resource Management in the ServiceNow® Resource Management Workspace application, which provides resource managers with an exclusive, centralized workspace to quickly view the allocated, approved, or pending work of your resources and manage resource allocation requests. Filter the work requests to identify a priority.
- Migrate resource plans and operational resource plans to attribute-based resource assignments
- Migrate the resource plans of your projects and demands to attribute-based resource assignments and work on resource allocations using Project Workspace.
- Migrate cost plans to attribute-based costs plans
- Migrate cost plans to attribute-based costs plans for your projects and demands while migrating resource plans to attribute-based resource assignments to manage your projects and demands in Next Experience using Project Workspace.
- Generate labor costs for epics
- Generate labor costs based on the resource assignments for epics.
- Migrate financial baselines to Next Experience
- Migrate the financial baselines of your projects or demands to Next Experience and capture the actual expenses recorded using the Classic UI.
- Next Experience support for Strategic Spend Tracking for PPM dashboard
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Visualize the costs and analyze the total expenses for your organization’s strategies and goals using the Next Experience user interface in the Strategic Spend Tracking for PPM dashboard.
When you upgrade Strategic Spend Tracking for PPM to v1.1.0, the dashboard is automatically migrated to the Next Experience UI. You can access the new dashboard by navigating to . For more information on the Next Experience user interface, see Next Experience UI.
- Migrate Idea Manager dashboard to Next Experience
- Generate a report on idea metrics, trends, and categories using the Next Experience user interface in the Idea Manager dashboard.
- Migrate PMO dashboard to Next Experience
- Track project budgets, expenses, and status using the Next Experience user interface in the PMO dashboard.
Activation information
Project Portfolio Management is available with activation of the PPM Standard (com.snc.financial_planning_pmo) plugin. For more information on activation, see Activate PPM Standard (Project Portfolio Management).
Install Strategic Spend Tracking for PPM by requesting it from the ServiceNow Store. Visit the ServiceNow Store website to view all the available apps and for information about submitting requests to the store. For cumulative release notes information for all released apps, see the ServiceNow Store version history release notes.