Exploring Portfolio Planning

  • Release version: Xanadu
  • Updated August 1, 2024
  • 1 minute to read

    • 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.

    Predefined lenses in Portfolio Planning

    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.
    Feature Portfolio Planning Workspace Strategic Planning Workspace
    Pre-defined lens: Project Portfolio Yes Yes
    Pre-defined lens: Organization Yes Yes
    Pre-defined lens: Project Program Yes Yes
    Pre-defined lens: Product No Yes
    Pre-defined lens: Strategic Investments No Yes
    Pre-defined lens: Goals No Yes
    Pre-defined lens: Value Stream No Yes
    Pre-defined lens: Business Capability No Yes
    Lens configuration: Modify existing lens Yes Yes
    Lens configuration: Create new lens No Yes
    Portfolio plans: Create and share Yes Yes
    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 No Five predefined tables
    Prioritization: List Yes Yes
    Prioritization: Hierarchy Yes Yes
    Prioritization: Kanban No Yes
    Roadmaps: Timeline Yes Yes
    Roadmaps: Kanban No Yes
    Scenario planning Yes Yes
    Scoring No Yes
    Goals No Yes
    Product Feedback No Yes
    Capacity planning Yes Yes
    Financials Yes Yes
    Create and share free-form roadmaps Project, Demand, and Program tables Any ServiceNow® platform entity
    Enterprise Agile Planning No Yes
    Dashboards Yes Yes

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