Legacy- Repromote a budget plan

task australia Updated Sep 10, 2026 1 min read repromote-budget-plan.md

Repromote the budget plan to reflect the modifications in the portfolio budget that resulted because of a change in demand or project selection planned cost.

Before you begin

Role required: it_portfolio_manager
To repromote a budget plan for a portfolio, the budget period for the selected fiscal period must be open.

Note: The PPS admin can also open and close the budget period for a fiscal period by navigating to Project Administration > Open/Close Budget Periods.

About this task

After promoting the portfolio budget plan, as the portfolio manager, you can decide to modify the budget based on the investment committee suggestions. You can work with project and demand managers to modify the cost plans for the demand and project to implement the suggested changes. The budget plan can then be repromoted to reflect the changes in the budget plan.

Procedure

Navigate to portfolio workbench and open the portfolio that you want to track.
Click Re-promote Budget Plan under Step 3: Budgeting.

Result

The budget plan is repromoted as the updated budget for the selected fiscal year.

What to do next

View the status of the budget plan below the budget plan name under Step 3: Budgeting in the portfolio workbench. To view the budget task for the budget plan in financial planning workbench, click the Status link.

[Omitted image "BudgetStatusLink.png"] Alt text: screenshot for Budget status link
After the budget plan is re-promoted and no more changes are expected, the budget period must be closed.

Parent Topic:Legacy- Plan the portfolio

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---
title: Legacy- Repromote a budget plan
description: Repromote the budget plan to reflect the modifications in the portfolio budget that resulted because of a change in demand or project selection planned cost.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/it-business-management/portfolio-management/repromote-budget-plan.html
release: australia
product: Portfolio Management
classification: portfolio-management
topic_type: task
last_updated: "2026-09-10"
reading_time_minutes: 1
breadcrumb: [Legacy- Plan the portfolio, Legacy portfolio workbench, Portfolio Management, Project Portfolio Management, Strategic Portfolio Management]
---

# Legacy- Repromote a budget plan

Repromote the budget plan to reflect the modifications in the portfolio budget that resulted because of a change in demand or project selection planned cost.

## Before you begin

-   Role required: it\_portfolio\_manager
-   To repromote a budget plan for a portfolio, the [budget period](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-management/create-a-budget-period.md) for the selected fiscal period must be open.

    **Note:** The PPS admin can also open and close the budget period for a fiscal period by navigating to **Project Administration** &gt; **Open/Close Budget Periods**.


## About this task

After [promoting](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-management/t_CreateABudgetPlanFromPortfolio.md) the portfolio budget plan, as the portfolio manager, you can decide to modify the budget based on the investment committee suggestions. You can work with project and demand managers to modify the cost plans for the demand and project to implement the suggested changes. The budget plan can then be repromoted to reflect the changes in the budget plan.

## Procedure

1.  Navigate to portfolio workbench and open the portfolio that you want to track.

2.  Click **Re-promote Budget Plan** under **Step 3: Budgeting**.


## Result

The budget plan is repromoted as the updated budget for the selected fiscal year.

## What to do next

-   View the status of the budget plan below the budget plan name under **Step 3: Budgeting** in the portfolio workbench. To view the budget task for the budget plan in [financial planning workbench](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-management/view-ppm-portfolio-budget-plan-in-planning-workbench.md), click the **Status** link.

    \[Omitted image "BudgetStatusLink.png"\] Alt text: screenshot for Budget status link

-   After the budget plan is re-promoted and no more changes are expected, the budget period must be closed.

**Parent Topic:**[Legacy- Plan the portfolio](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-management/c_FinancialPlanningForPortfolio.md)