The (Client) Project field can be found in a Placement or Client Record. They can then be reported on to indicate contractor allocation and when they are due to finish etc.
They can be useful on the Client side to group together Client's targets on a project.
Assign a Project to a Placement record
Placements > Placement record > Admin & Activities tab > Paperwork and Documents > Project field
Assign a Client Project to a Client record
Clients > Client record > Administration tab > Dimensions > Client Project field
Views can then be built under the Client or Placement menus to list all the records that are associated with that project. This list can be filtered, reported on, scrolled through or exported.