Note: Not a solution but marked as such to elevate a key reply
When converting a task to a project (in rules or manually from the Covert to project menu item), the project is not added to any portfolios specified in the task template.
If you simply create a project from that template, it will be added to the portfolio(s) specified in the template.
I guess I won’t classify this as a bug because there is a field to specify the portfolios to add to after you request the conversion, but this does force duplicating the info about the template’s portfolio into rules and keeping both in sync.
Here’s where you specify the portfolio in the rule action:
Thanks,
Larry