Here you will manage your Project Settings: Project Settings, Projects Folder, Locations, Systems, Resources, Progresses, Contract Percentages, Project Custom Fields, Project Number Format, Component ID Format, Product Price Adjustments.
You may not have access to these settings based on your User Group Permissions.
Some changes you make here are global and will affect all other Users, while others are User specific. This will be noted in the Considerations section of each page.