The Projects module is used to manage and track projects, and assist project managers in managing complex projects.
The Projects module is web-based vs. desktop-based, allowing project managers and members of their team access the software from multiple computers or browsers simultaneously and collaboratively.
The project you create can be used as a reference for future projects providing you with an accurate snapshot of not only the timeframe of a particular project, but all of the associated details.
The Projects module is used to manage and track projects, and assist project managers in managing complex projects. 
