Exploring Portfolio Planning

---
title: Exploring Portfolio Planning
description: 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.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/it-business-management/portfolio-planning/exploring-portfolio-planning.html
release: australia
product: Portfolio Planning
classification: portfolio-planning
topic_type: concept
last_updated: "2026-09-10"
reading_time_minutes: 4
keywords: [alignment planner workspace, portfolio planning workspace, portfolio planner, strategic planner, strategic planning workspace]
breadcrumb: [Portfolio Planning, Strategic Portfolio Management]
---

# 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.

\[Omitted image "predefined-lenses-pp.png"\] Alt text: 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](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/strategic-planning/alignment-planner-workspace-landing-page.md).

<table id="table_xtf_mzv_dwb"><thead><tr><th>

Feature

</th><th>

Portfolio Planning Workspace

</th><th>

Strategic Planning Workspace

</th></tr></thead><tbody><tr><td>

Pre-defined lens: Project Portfolio

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Pre-defined lens: Organization

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Pre-defined lens: Project Program

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Pre-defined lens: Product

</td><td>

\[Omitted image "icon-error-red-x.png"\] Alt text: No

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Pre-defined lens: Strategic Investments

</td><td>

\[Omitted image "icon-error-red-x.png"\] Alt text: No

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Pre-defined lens: Goals

</td><td>

\[Omitted image "icon-error-red-x.png"\] Alt text: No

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Pre-defined lens: Value Stream

</td><td>

\[Omitted image "icon-error-red-x.png"\] Alt text: No

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Pre-defined lens: Business Capability

</td><td>

\[Omitted image "icon-error-red-x.png"\] Alt text: No

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Lens configuration: Modify existing lens

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Lens configuration: Create new lens

</td><td>

\[Omitted image "icon-error-red-x.png"\] Alt text: No

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Portfolio plans: Create and share

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Planning items: Supported planning items

</td><td>

Project, Demand

</td><td>

Project, Demand, Epic, Custom

</td></tr><tr><td>

Supported items for high-level planning

</td><td>

Program \(pm\_program\)

</td><td>

Strategic Program, Initiative, Custom

</td></tr><tr><td>

Planning items: Custom planning item tables

</td><td>

\[Omitted image "icon-error-red-x.png"\] Alt text: No

</td><td>

Five predefined tables

</td></tr><tr><td>

Prioritization

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Hierarchy \(Prioritization\)

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Kanban \(Prioritization\)

</td><td>

\[Omitted image "icon-error-red-x.png"\] Alt text: No

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Roadmaps: Timeline

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Roadmaps: Kanban

</td><td>

\[Omitted image "icon-error-red-x.png"\] Alt text: No

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Scenario planning

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Scoring

</td><td>

\[Omitted image "icon-error-red-x.png"\] Alt text: No

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Goals

</td><td>

\[Omitted image "icon-error-red-x.png"\] Alt text: No

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Product Feedback

</td><td>

\[Omitted image "icon-error-red-x.png"\] Alt text: No

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Capacity planning

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Financials

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Create and share free-form roadmaps

</td><td>

Project, Demand, and Program tables

</td><td>

Any ServiceNow® platform entity

</td></tr><tr><td>

Enterprise Agile Planning

</td><td>

\[Omitted image "icon-error-red-x.png"\] Alt text: No

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Dashboards

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Monitor goals and strategies in ServiceNow AI Control Tower

</td><td>

\[Omitted image "icon-error-red-x.png"\] Alt text: No

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Strategy and Goals - Managing enterprise goals using boards

</td><td>

\[Omitted image "icon-error-red-x.png"\] Alt text: No

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

Next Experience for Demand Management

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes

</td></tr><tr><td>

RIDAC: Supported tables

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: YesPlanning items: Project, Demand

</td><td>

\[Omitted image "icon-check-mark-green.png"\] Alt text: Yes-   Project, Demand, Epic, Capability, Feature, Custom planning item, Enterprise agile planning item, Initiative, Strategic program
-   Goal
-   EAP Iteration

</td></tr></tbody>
</table>Learn about different features of Portfolio Planning in detail from the following sections.

-   **[Lenses in Portfolio Planning](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-planning/lens-and-portfolio-plans.md)**  
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](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-planning/portfolio-plans-in-portfolio-planning-ppw.md)**  
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](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-planning/work-prioritization-portfolio-planning.md)**  
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](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-planning/roadmaps-in-portfolio-planning.md)**  
Effectively plan work for your company using visual roadmaps in Portfolio Planning Workspace.
-   **[Scenario planning in Portfolio Planning](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-planning/scenario-planning-in-portfolio-planning.md)**  
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](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-planning/portfolio-planning-integration-with-execution-applications.md)**  
Facilitate execution of the work planned in Portfolio Planning in ServiceNow Project Portfolio Management \(PPM\) application.
-   **[Capacity planning in Portfolio Planning](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-planning/capacity-planning-pp.md)**  
The Capacity Planning screen provides portfolio managers a comprehensive view of capacity, allocations, and utilization of resources.
-   **[Financial planning for Projects and Demands](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-planning/financials-portfolio-planning.md)**  
Plan, re-forecast, track the financials, and create baselines for projects and demands.
-   **[Dashboards in Portfolio Planning Workspace](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-planning/dashboards-portfolio-planning.md)**  
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.
-   **[RIDAC in Portfolio Planning Workspace](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-planning/explore-ridac-ppw.md)**  
RIDAC \(Risk, Issue, Decision, Action, Change\) in Portfolio Planning Workspace provides a holistic, portfolio-wide view of all risks, issues, decisions, actions, and changes across your entire organization—from individual projects to programs and portfolios.
-   **[Portfolio plan RIDACs](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-planning/portfolio-plan-ridac-ppw.md)**  
Portfolio plan RIDAC \(Risks, Issues, Decision, Actions, and Change requests\) provides a unified view of all risks, issues, decisions, actions, and changes for a portfolio plan. Access portfolio governance items directly without navigating to separate RIDAC records.
-   **[Better together with other ServiceNow applications](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-planning/better-together-with-other-apps-ppw.md)**  
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](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-planning/portfolio-planning-app-landing-page.md)