Changing portfolio statuses

The Portfolio Manager of the portfolio and Portfolio Masters can move the portfolio to different statuses throughout its lifecycle.

To change a portfolio status

1. Log in to the Portfolio Management application
2. Navigate to Portfolios.
3. To open a portfolio on the Portfolios workspace, click the required portfolio ID.
4. On the portfolio details page, click Edit.

5. Select the required value in the Status field. The following table lists the required status change based on actions you can perform on a portfolio: 

   From status	Action	Change to status
   Ram Up	The portfolio manager reviewed the data on associated requirements, demands, and ideas which gave a clear picture of projects to be initiated and worked to begin to achieve the organization's goal. The portfolio manager has taken a deeper look at the associated requirements, ideas and demands details to understand the overall Budget, Cost and Goal which is getting achieved while fulfilling this.  Project managers start to plan and schedule the projects of the portfolio creating sprints and tasks.	Active
   Active	The portfolio manager decides to update the status portfolio to a 'Ramp Down' state for any of the following reasons: Circumstances Changes Business Justification Financial Hold Customer Hold Also if the priority is lowered or when the projects are almost into complete status.	Ramp Down
   	Projects, demands, Ideas and requirement life cycle are in a completed state and all corresponding sprints, phases and tasks are completed. There is no pending activity which needs attention.	End of Life
   Ram Down	Projects, demands, Ideas and requirement life cycle are in a completed state and all corresponding sprints, phases and tasks are completed. There is no pending activity which needs attention.	End of Life

6. Click Save.