--- title: Context Variable form description: Use the Context Variable form to create a context variable for a target source for calculating the actual value of the target based on the configured input values. locale: en-US canonical_url: https://www.servicenow.com/docs/r/australia/it-business-management/scenario-planning-in-spw/context-variable-form-apw.html release: australia product: Scenario Planning in SPW classification: scenario-planning-in-spw topic_type: reference last_updated: "2026-03-12" reading_time_minutes: 1 breadcrumb: [Form field information for Strategic Planning, Reference, Portfolio Planning in Strategic Planning Workspace, Strategic Planning, Strategic Portfolio Management] --- # Context Variable form Use the Context Variable form to create a context variable for a target source for calculating the actual value of the target based on the configured input values.
| Field | Description |
|---|---|
| Type | Context variable type.For information about the different field types, see [Field types](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/platform-administration/r_FieldTypes.md). |
| Application | Name of the application scope. |
| Label | Name of the label that the context variable type is created for. |
| Column name | ID of the context variable for which the context variable type is created. |
| **Choice List Specification** | Option to display the context variables on the Target form in the Actual Value Source Configuration section. |
| **Default value** | Default value to consider for updating the actual value of the target. |