ServiceNow Strategic Portfolio Management (SPM) is an enterprise portfolio, program, and work-planning suite built on the ServiceNow platform (Now Platform / ServiceNow AI Platform). It is designed to connect strategy (objectives, investment themes, OKRs) to execution (demands, projects, agile delivery, resources, and financials) using a single system of record and shared workflows across business and IT. It includes capabilities commonly associated with PPM (project portfolio management), demand/idea intake, resource and capacity management, portfolio financial planning, and (in some packages) agile/SAFe-oriented planning and value-stream visibility.
Vendor materials state: real-time visibility across portfolios, alignment of investments to business outcomes, scenario planning, and use of ServiceNow platform workflows/automation and reporting. These are vendor statements; organizations should validate outcomes in their own environment.
**Notable naming/history:** SPM was previously referred to as IT Business Management (ITBM) and includes what many teams still call "PPM" inside ServiceNow. Community discussions note some ongoing confusion between "Strategic Portfolio Management" and "Service Portfolio Management" (an ITSM concept), and between "SPM" and "PPM" as application groupings.