You can configure observation fieldsets that suit the needs of your team. By default, all new fieldsets will automatically be applied to any new projects.
However, upon configuration, you can manually select any existing projects to which you want to the add new configured fieldset.
Once you've added the fieldset to the desired projects, these configured fieldsets will override Procore's default create fieldset. When team members create an item from the appropriate project level tool, they will only see your company's configured fieldset.