Like Justin, I have a standard folder set for each project. Coming from an audio post background this is typically Pre/Pre Edits/Post/Post SRCd/Masters/Disk Images/Deliverables/Settings/WaveLab. I just copy and rename this folder for each new project. The idea is that you can come back to any file at any point in the project which is an old post habit. But of course everyone works in a different way.
I do use the WaveLab Project though. So I have a template already saved in the WaveLab sub folder. This is renamed for each project. When you open that WaveLab Project it already has everything … tabs for montages, masters, masters for streaming, references, batch processors.
The Project Manager Tab allows you to save specific things to save with the Project/reopen … although in practice everything that was on your screen when you closed the Project or WaveLab will be there next time you open it.
The File Open Project displays recent Projects and that typically saves you having to search to reopen. Everyone’s experiences are different, but Projects do really add a new level to efficiency.
This sounds like a bit of work to set up, but honestly it’s not. And once done you are set to concentrate on projects rather than setting up a session from scratch.
As Justin has mentioned, with this type of organization, back up and archive projects save everything.
Hope this is of some value. Good luck!