ServiceNow Strategic Portfolio Management Features
Communication (4)
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Wiki Documentation
Provides a wiki to keep useful product documentation.
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Community Forum
Provides a place for product users to interact and ask questions.
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Customer Ideation
Provides a medium for users to make suggestions for the product.
NPS of Customers
Calculate NPS of customers
Planning (7)
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Work Capacity
Measures the amount of work an employee can handle in a sprint.
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Task Ranking
Ranks the priority of a task.
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Kanban Board
provides a Kanban board to visualize tasks.
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Custom Workflows
Enables the creation of custom workflows to facilitate various processes.
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Release Forecasting
Predicts a products release based on the workflow.
Projections
Estimate or forecast of a future scenario based on the study of present trends
Prioritization
Arrange tasks based on the level of priority or urgency
Workflow Management (10)
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Time Tracking
Tracks the amount of time spent on a task.
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Progress Monitoring
Measures the progress of tasks within a product workflow.
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Budgeting
Measures the cost of tasks and enables the allocation of budget to different projects.
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Team Scorecard
Provides data on employee performance for gamification.
Progress Tracking
Reporting on how each user, task or process has advanced since its initiation
Status Tracking
Track the status over time for a request, process, asset, or transaction
Activity Tracking
Track and document all activities across devices, networks, and other systems
Milestone Tracking
Monitor task progress and planned accomplishments to better manage project status
Task Progress Tracking
Track the status and progress of tasks
Project Tracking
Monitor the progress of projects from start to finish
Portfolio Management (5)
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Portfolio Types
Define multiple types of portfolios for projects, programs, and services.
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Planning
Plan activities and tasks across various portfolios or programs.
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Alignment
Align different kinds of portfolios with business and financial goals.
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Portfolio Mix
Create the optimal mix of portfolios to achieve operational and financial goals.
Resource Allocation & Planning
Assign available resources (human and/or non-human) to various projects and tasks
Project Management (6)
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Dependencies
Manage dependencies between projects from one or multiple portfolios.
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Priorities
Assign priorities for projects that are part of portfolios.
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Lean Management
Include lean project management features and best practices.
Deadline Management
Specify or track the date/time a project, task, etc., is due for completion
Calendar Management
Track and manage schedules and meetings via an integrated calendar
Change Management
Track and monitor efficient handling of all changes/transitions
Resource Management (3)
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Definition
Identify human and material resources and assign them to projects and portfolios.
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Allocation
Resources can be allocated and reallocated across multiple projects and portfolios.
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Optimization
Improve resource utilization across various projects and portfolios.
Data & Analytics (4)
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Data Consolidation
Consolidate project and portfolio data from separate sources.
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Visualizations
Provide custom project and portfolio monitoring visualizations.
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Performance
Monitor the performance of different types of portfolios.
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Risk Analysis
Perform risk analysis at the portfolio or project level.
Automation (3)
Workflows
Provide standard workflows that can be used accross the company.
Customization
Allow administrators to configure workflows and processes.
Data repository
Deliver a single data repository for all project information.
Administration (3)
Permissions
Define and manage roles and access rights for the entire system.
Procedures
Maintain procedures for data access and governance.
Remote Work
Allow users to use the system online and on mobile devices.
Project management (7)
Task Prioritization
Set priority levels on tasks so individuals can organize their work.
Dependencies
Define dependencies between tasks and the rules to manage them.
Planning
Plan and create work breakdown structure (WBS) based on the scope of the project.
Views
Create customized project views for internal and external purposes (eg: for customers).
Scheduling
Allocate resources by matching capacity and demand, by project, team, or department.
Critical Path
Automatically calculate the critical path for projects and update it when projects change.
Dashboards
Deliver dashboards that display project data and KPIs in real time.
Workload (4)
Resource Allocation
Monitor resource allocation to identify shortages and adjust accordingly.
Workspace
Define customizable workspace for teams, departments, and external users.
Configuration
Provide drag and drop options to configure workspaces.
Insights
Monitor work accross the company and analyze performance.
Communication & Collaboration (3)
Communication Channels
Support multiple channels for internal and external communications.
Document Management
Allow users to share and collaborate on documents and files.
Collaboration
Help users meet, share workspaces, and collaborate on tasks.
Cost Management (3)
Project Budgeting
Associate a budget with a project and allocate it accordingly by task or resource.
Time & Expense
Track time and expenses associated with projects or tasks.
Profitability
Monitor project proftability by team or department.
Integration (3)
Front Office
Integrate with CRM, marketing, or customer service software.
Back Office
Provide integration with accounting software and ERP systems.
External data
Connect to external data sources such as databases or BI software.
Generative AI (2)
AI Text Generation
Allows users to generate text based on a text prompt.
AI Text Summarization
Condenses long documents or text into a brief summary.
Strategy - Project and Portfolio Management (25)
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Simulation
Simulate the outcomes of various business case scenarios and mix of projects
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Tracking
Monitor the efficiency of strategic plans and how they are impacted by projects and portfolios
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Planning
Create plans to implement activities to achieve strategic objectives
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Objectives
Define strategic objectives related to project and portfolio management
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Visiblity
Provide a 360 view of all projects and portfolios and their corresponding strategies
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Alignment
Align project and portfolios with the strategic objectives of the company
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Risk Management
Mitigate risks related to projects and portfolios that may impact strategic objectives
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Implementation
Deploy strategic planning to project and portfolio management activities
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Optimization
Help with continuous improvement and to adapt to strategy updates and market changes
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Prioritization
Assign priorities to projects and portfolios based on strategic objectives
Timesheet Management
Track the amount of time spent on a job or task
Workflow Management
Create, design and manage workflows for repetitive tasks
Resource Management
Process of planning, scheduling and executing the optimal and effective use of human capital across projects
Task Management
Create, manage and track all task activities and progression
Requirements Management
Enables creation, management, and tracking of product requirements & features during product production/development
Assignment Management
Assign issues and tasks based on availability or required skills
Document Management
Store, manage, and track all electronic documents in a centralized location
Project Time Tracking
Measure time to completion or hours worked for projects
Status Tracking
Track the status over time for a request, process, asset, or transaction
Progress Tracking
Reporting on how each user, task or process has advanced since its initiation
Time & Expense Tracking
Log and record hours worked and costs spent to assist in billing and invoicing
Project Tracking
Monitor the progress of projects from start to finish
ROI Tracking
Monitor conversion rates and analyze effectiveness and profitability of marketing efforts
Activity Tracking
Track and document all activities across devices, networks, and other systems
Portfolio Management
Overview of all programs that help compare initiatives, align projects with strategic goals and identify risk
Strategic Planning - Strategic Portfolio Management (8)
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Objectives
Define strategic objectives related to project and portfolio management
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Roadmaps
Support the creation of roadmaps that visualize the timeline and interdependencies of various portfolio elements
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Demand management
Capture, evaluate, and prioritize demand from different parts of the organization, ensuring that resources are allocated to the most valuable initiatives.
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Resource Planning
Assist with dynamic portfolio-level resource planning and what-if scenario modeling
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Planning
Create plans to implement activities to achieve strategic objectives
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Simulation
Simulate the outcomes of various business case scenarios and mix of projects
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Prioritization
Assign priorities to projects and portfolios based on strategic objectives
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Alignment
Align project and portfolios with the strategic objectives of the company
Strategic Management - Strategic Portfolio Management (8)
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Visiblity
Provide a 360 view of all projects and portfolios and their corresponding strategies
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Tracking
Monitor the efficiency of strategic plans and how they are impacted by projects and portfolios
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Risk Management
Mitigate risks related to projects and portfolios that may impact strategic objectives
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Implementation
Deploy strategic planning to project and portfolio management activities
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Change Management
Facilitate the process of managing changes within the portfolio, including scope changes, resource adjustments, and schedule updates
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Optimization
Help with continuous improvement and to adapt to strategy updates and market changes
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Strategy Model
Provide pre-defined strategy models that can be customized and combined by users
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Frameworks
Support multiple strategy frameworks such as Balanced scorecard and OKR
Data Analysis - Strategic Portfolio Management (3)
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ESG Impact
Track environmental, social, and governance (ESG) metrics related to portfolios, such as gas emissions or diversity and inclusion
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Financial Performance
Track the financial performance of portfolios in terms of cost savings, productivity improvements and increasd revenues
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Forecasting
Enable forecasting future performance, resource requirements, and potential risks and opportunities
Artificial Intelligence - Strategic Portfolio Management (3)
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Process Intelligence
Optimize workflows and processes using machine learning and natural language processing (NLP)
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Predictive Insights
Use artificial intelligence to provide intelligent strategy modelling and proactive risk assessment
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Virtual Agents
Provide an intelligent chatbot or virtual assistant that can answer questions, provide support, and automate tasks related to portfolio management
Agentic AI - Work Management (4)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Multi-step Planning
Ability to break down and plan multi-step processes
Cross-system Integration
Works across multiple software systems or databases
Natural Language Interaction
Engages in human-like conversation for task delegation
Agentic AI - Application Portfolio Management (7)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Multi-step Planning
Ability to break down and plan multi-step processes
Cross-system Integration
Works across multiple software systems or databases
Adaptive Learning
Improves performance based on feedback and experience
Natural Language Interaction
Engages in human-like conversation for task delegation
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
Additional Functionality (74)
Task Management
Create, manage and track all task activities and progression
Collaboration Tools
Provides a channel for team members to share media files, communicate, and work together
Real-Time Updates
Receive system updates as soon as any changes are made
Access Controls/Permissions
Define levels of authorization for access to specific files or systems
Task Planning
Product Lifecycle Management
Manage and track all stages of a product lifecycle, from its conception, design, development, and deployment
Communication Management
Manage and track all internal and external communication conducted via calls, email, text, or chat
Data Import/Export
Import and export data to and from software applications
Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
Real-Time Notifications
Notifications that are delivered to users as soon as an event occurs
API
Application programming interface that allows for integration with other systems/databases
Resource Management
Process of planning, scheduling and executing the optimal and effective use of human capital across projects
Planning Tools
Drag & Drop
Assemble applications and processes by dragging over and arranging pre-built components
Commenting/Notes
Leave comments and notes on documents for others to view
Customizable Fields
Customize data fields to support various needs and use cases
Calendar Management
Track and manage schedules and meetings via an integrated calendar
Third-Party Integrations
Set up connections to third-party platforms to improve business processes
Workflow Management
Create, design and manage workflows for repetitive tasks
Task Scheduling
Track and manage the scheduling of tasks
Requirements Management
Enables creation, management, and tracking of product requirements & features during product production/development
Project Management
Plan and coordinate all the resources, costs and time needed to execute assignments
@mentions
An @mention is a way to tag or notify a specific person about a message/post
Multiple Projects
Ability to handle several projects simultaneously
Reporting & Statistics
Collection, analysis, and representation of numerical data and generation of reports to understand various patterns
Project Planning
Organize and schedule projects
Single Sign On
Allow users to access multiple services after entering their login credentials once
Document Storage
Store and organize documents in a centralized system
Release Planning
A timeline for taking a project live that outlines what features should be operational at the go-live date
Customer Journey Mapping
Visualize and analyze customer experience across all touchpoints and channels
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Gantt/Timeline View
Visual representation of project's schedule, sequence and duration of tasks, benchmarks and dependencies
Reporting/Analytics
View and track pertinent metrics to find patterns and gain insights from data
Email Management
Manage, store and organize emails within the system or via third-party apps
To-Do List
A digital list of items that need to be completed
Surveys & Feedback
Gauge satisfaction and receive information for improvement and success
Deadline Management
Specify or track the date/time a project, task, etc., is due for completion
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Product Roadmapping
Identifying desired outcomes and important milestones and creating a plan on how to achieve them
Idea Management
Create, collect, discuss, improve, and evaluate insights or alternative thinking before starting projects
Real-Time Data
Receive data and information in real time
Agile Methodologies
Iterative project Management approach that involves technologies such as Kanban, Scrum, XP, APF, XPM and more
Timeline Management
Manage a detailed schedule of a product plan
File Management
Create, save, and store files
Data Security
Protect sensitive data for digital privacy
Project Templates
Pre-designed project plans that can be customized
Feedback Management
Collecting, analyzing, and utilizing feedback from users or customers to improve a product or service
Tagging
Attach digital tags to documents and assets for identification, search, or monitoring purposes
Template Management
Create, save, and re-purpose templates for emails, forms, etc.
Guest Access
Allow guests to view the software and interact with users
Visualization
Graphical representation of data or processes
Collaboration Tools
Provides a channel for team members to share media files, communicate, and work together
Budgeting/Forecasting
Create budgets based on historical data and future projections
Kanban Board
Visualization tool to organize and optimize tasks and track their status at every stage of workflow
Projections
Estimate or forecast of a future scenario based on the study of present trends
Demand Forecasting
Forecast customer demand using historical insights and simulations
Multiple Projects
Ability to handle several projects simultaneously
Third-Party Integrations
Set up connections to third-party platforms to improve business processes
Customizable Fields
Customize data fields to support various needs and use cases
Customizable Reports
Alter the layout and content of reports
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Reporting/Analytics
View and track pertinent metrics to find patterns and gain insights from data
API
Application programming interface that allows for integration with other systems/databases
Project Templates
Pre-designed project plans that can be customized
Commenting/Notes
Leave comments and notes on documents for others to view
Dashboard
Assembly of graphs and charts for visualizing and tracking statistics/metrics
Gantt/Timeline View
Visual representation of project's schedule, sequence and duration of tasks, benchmarks and dependencies
Agile Methodologies
Iterative project Management approach that involves technologies such as Kanban, Scrum, XP, APF, XPM and more
Planning Tools
Real-Time Updates
Receive system updates as soon as any changes are made
Project Workflow
Create, manage, or update project workflows.
Task Scheduling
Track and manage the scheduling of tasks
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Drag & Drop
Assemble applications and processes by dragging over and arranging pre-built components


