To edit a project template so that any changes can be applied when adding a new project with the Portfolio tool.
Creating a project template in Procore allows you to apply shared settings to any new project in Procore. With this functionality, you are able to make a "sample" or "template" project with these settings and then copy this project as a base to build new projects off of. See What gets copied over to a new project when applying a project template? to see what settings and items you can configure and apply to new projects.