Project templates enable you to capture and re-use the structure and content of existing projects, including project pages, custom tracker fields, and work flow definitions, to speed new project creation and standardize lifecycle processes.
Project templates allow you to create and configure new projects quickly, enforce organizational standards, and facilitate process improvement.
To create a new project, you can use any project template created by any project administrator.
The template name and description appear on the Templates tab of the Projects list, accessible from the navigation bar on your My Workspace page. If your site administrator has made it possible to preview the contents of project templates, click the name of a template to see what's in it.
A template can include the structure of the original project without any of the content, or it can include both the structure and the content of the original project.