The New dialog allows you to create a new Project or Folder in the Projects tree.
To create a new Folder, select the Folder icon in the Standard tab and click the OK button. The new folder will be added to the end of the Projects tree.
Holding the Ctrl key will create a new folder inside of the selected folder in the Projects tree.
You may create a new Project by simply choosing the Project icon in the Standard tab or selecting a Template in the Custom tab. When selected, click the OK button to bring up the Project Properties dialog. After altering the new Project settings, click the OK button and the new Project will be added to the current folder in the Project tree.