Project and portfolio funding
concept brazil Updated Sep 10, 2026 3 min read c_ProjectAndPortfolioFunding.md
Specify the amount of money that projects and portfolios are allowed to have.
You can fund projects and portfolios when you activate PPM Standard with Financials.
The funding process follows these steps:
- Identify the costs for time, such as a financial year, by creating cost plans at the project or demand level. These costs roll up to the portfolio Cost Plans related list. Cost plans automatically include cost plan breakdowns for each fiscal period. See Create a project cost plan and Create a demand cost plan.
- Enter the target cost values for operational and capital expenses for the portfolio. See Create a portfolio and Legacy- Plan the portfolio.
- Create budget plans for the projects in your portfolio and promote the plans to forecasts. See Legacy- Create and promote a budget plan and Promote a budget plan.
Parent Topic:Basics of Project Management
Related topics
Parent-child rollup task calculations
Schedule conflicts between project tasks
Change requests and project tasks
Project and project task states
Types of external dependencies
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--- title: Project and portfolio funding description: Specify the amount of money that projects and portfolios are allowed to have. locale: en-US canonical_url: https://www.servicenow.com/docs/r/it-business-management/project-management/c\_ProjectAndPortfolioFunding.html release: brazil product: Project Management classification: project-management topic_type: concept last_updated: "2026-09-10" reading_time_minutes: 3 breadcrumb: [Basics of Project Management, Exploring Project Management, Project Management, Project Portfolio Management, Strategic Portfolio Management] --- # Project and portfolio funding Specify the amount of money that projects and portfolios are allowed to have. You can fund projects and portfolios when you activate PPM Standard with Financials. The funding process follows these steps: 1. Identify the costs for time, such as a financial year, by creating cost plans at the project or demand level. These costs roll up to the portfolio Cost Plans related list. Cost plans automatically include cost plan breakdowns for each fiscal period. See [Create a project cost plan](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/it-business-management/project-management/t_CreateAProjectCostPlan.md) and [Create a demand cost plan](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/it-business-management/demand-management/t_CreateADemandCostPlan.md). 2. Enter the target cost values for operational and capital expenses for the portfolio. See [Create a portfolio](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/it-business-management/portfolio-management/t_CreateAPortfolio.md) and [Legacy- Plan the portfolio](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/it-business-management/portfolio-management/c_FinancialPlanningForPortfolio.md). 3. Create budget plans for the projects in your portfolio and promote the plans to forecasts. See [Legacy- Create and promote a budget plan](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/it-business-management/portfolio-management/t_CreateABudgetPlanFromPortfolio.md) and [Promote a budget plan](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/it-business-management/portfolio-management/view-ppm-portfolio-budget-plan-in-planning-workbench.md). **Parent Topic:**[Basics of Project Management](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/brazil/markdown/it-business-management/project-management/c_ProjectTasks.md) **Related topics** [Parent-child rollup task calculations]() [Project tasks]() [Schedule conflicts between project tasks]() [Change requests and project tasks]() [Project task checklists]() [Task resources]() [Project and project task states]() [Composite Fields]() [Cost plan breakdown]() [Actual project costs]() [Types of external dependencies]() [Project scheduling in Project Management]() [Task constraints]()
| title | Project and portfolio funding |
| description | Specify the amount of money that projects and portfolios are allowed to have. |
| locale | en-US |
| canonical_url | https://www.servicenow.com/docs/r/it-business-management/project-management/c\_ProjectAndPortfolioFunding.html |
| release | brazil |
| product | Project Management |
| classification | project-management |
| topic_type | concept |
| last_updated | 2026-09-10 |
| reading_time_minutes | 3 |
| breadcrumb | Basics of Project ManagementExploring Project ManagementProject ManagementProject Portfolio ManagementStrategic Portfolio Management |