The first step in both Simple and Advanced planning for a portfolio is to select the
fiscal period for the data that you want to work with. Next, set the target amounts for both
operating and capital expenses.
Typically, the target amount is provided by the steering committee or the
investment committee. Based on the actual amount spent in the last fiscal year, the
target for the planned fiscal year can be 110% of the amount spent in the last year. The
target is the starting point for planning projects for the next fiscal year.
On the Portfolio form,
set the Portfolio Planning field to
Simple or Advancedfor the
Role required: it_portfolio_manager or it_pps_admin
PPS admin can also set the portfolio target by navigating to .
Access the Portfolio workbench and open the portfolio that
you want to perform the planning for.
In the Fiscal Year choice list, select the year that you
want to perform the planning for.
You can perform financial planning for only one fiscal period at a
In Step 1: Set Target, click Set
Enter the amounts for Capex Target and Opex
- The budget target defined in the portfolio workbench can also be
viewed in ITFM.
- The currency value is derived from the currency property
If the property is not set, the currency is derived from the global
currency of the instance.
- The budget target appears in step 1. You can click the target amount to revise
- The portfolio capital and operational expense target for different fiscal years
are updated in the Portfolio Target related list on the