--- 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.
**Parent Topic:**[Form field information for Strategic Planning](https://raw.githubusercontent.com/ServiceNow/ServiceNowDocs/australia/markdown/australia/it-business-management/scenario-planning-in-spw/form-field-information-for-strategic-planning.md)