---
title: PPM Standard \(Project Portfolio Management\)
description: The ServiceNow PPM Standard, earlier known as Project Portfolio Suite with Financials, application integrates Financial Management and Project Portfolio Management.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/it-business-management/ppm-collaboration/c\_ProjectPortfolioSuiteWithFinancials.html
release: australia
product: PPM Collaboration
classification: ppm-collaboration
topic_type: concept
last_updated: "2026-03-12"
reading_time_minutes: 2
breadcrumb: [Explore Project Portfolio Management, Project Portfolio Management, Strategic Portfolio Management]
---

# PPM Standard \(Project Portfolio Management\)

The ServiceNow® PPM Standard, earlier known as Project Portfolio Suite with Financials, application integrates Financial Management and Project Portfolio Management.

PPM Standard automatically activates Financial Management if it is not already active.

The integration enables project and portfolio managers to perform the following activities:

-   Determine overall cost requirements for all demands and projects in portfolios
-   Establish resource requirements and track costs for demands and projects
-   Track actual amounts spent compared to an approved budget

## Upgrades and new customers

Customers who already have Project Portfolio Suite with Financials can upgrade to PPM Standard. New customers must purchase PPM Standard.

## PPM Standard applications

The PPM Standard plugin installs Financial Management and Project Portfolio Suite. The following diagram illustrates the applications that are available.

\[Omitted image "InstalledwithProjectPortfolioSuitewithFinancials.png"\] Alt text: Application installed with Project Portfolio Management Standard

## PPM Standard additions

You can perform financial planning and budgeting using UI actions on related lists.

## Get started with project management

PPM Standard provides comprehensive capabilities for project planning and execution. Use the following topics to get started:

-   **Project creation and planning:** Create projects, define work breakdown structures, set milestones, and plan timelines. See the Project Management documentation.
-   **Resource management:** Allocate resources to projects, manage capacity, and track utilization. See [Resource Management Workspace](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/resource-management/explore-rmw.md).
-   **Portfolio management:** Prioritize demands, manage portfolios, and track portfolio performance. See [Portfolio Management](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-management/c_PortfolioManagement.md).
-   **Installed components:** Review the roles, tables, and configurations installed with PPM Standard. See [Roles installed with PPM Standard](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/ppm-collaboration/roles-installed-with-PPS-finance.md).

-   **[Activate Investment Funding for projects and demands](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/ppm-collaboration/activate-investment-funding-ppm.md)**  
Activate the Investment Funding \(com.snc.investment\_funding\) plugin if you have the admin role. This plugin includes demo data and activates related plugins if they aren't already active.
-   **[Currencies and budget reference rates](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/ppm-collaboration/c_BudgetReferenceRates.md)**  
The support for use of multiple currencies provides conversions for budget items in different currencies.

**Parent Topic:**[Explore Project Portfolio Management](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/ppm-collaboration/explore-project-portfolio-management.md)

**Related topics**  


[Portfolio Management](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/portfolio-management/c_PortfolioManagement.md)

[Project Portfolio Management](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/ppm-collaboration/c_ProjectPortfolioSuite.md)