Managing Your Portfolios › Explore Alternate Portfolio Plans › Create a Plan within a Portfolio

Create a Plan within a Portfolio

To work with a subset of your portfolio data and explore the alternatives for your portfolio investments, create one or more named plans. For example, you can create the following plans for the IT Investments portfolio that spans a planning horizon of three fiscal years.

• FY13 One-Year Plan for IT
• FY13 Three-Year Plan for IT

To create a plan, modify the following parameters that you predefined at the portfolio level:

• Start and finish dates. The start and finish dates of the plan as a subset of the portfolio horizon. For example, if the portfolio horizon spans Jan 1, 2014 to December 31, 2015, you can create a one-year plan from Jan 1, 2014 to December 31, 2014.
• Default planning targets. The cost, resource, and benefit targets for the planning period as a subset of the portfolio targets. For example, if you are planning for only one year, you can reduce the targets accordingly.

Example: First Round of Planning

The office of CIO at Forward Inc., is conducting an annual IT portfolio planning meeting with the staff. The portfolio manager who is also the portfolio planner attends the meeting to capture and reflect planning options that the team is considering. In the current planning session, the team is considering projects that they want to fund as part of the PMO portfolio. To prepare for this meeting, the portfolio manager creates the 2014 IT PMO Plan to reflect the following work:

• Projects that are currently started.
• Projects that have not yet started but that are approved.
• Projects that are unapproved but that have a proposed start during the planning horizon.
• Ideas that are not approved but have a proposed start during the planning horizon.

Follow these steps:

1. Open Home, and from Portfolio Management, click Portfolios.
2. Open the portfolio for which you want to create a plan.
3. Click Plans and then click New.
4. Complete the requested information.