Click Create a New Project in the What Now? menu at the bottom of the page.
Set the desired Department and Project Name, as well as any other Project configuration.
Click the Submit button at the bottom of the page.
You have successfully created a new Project.
Requirements
Create Project Role
Notes
Clone Previous Project Role turned on will allow you to create a new Project based on a previous Project, regardless of Template settings (it will populate the list with all previous Projects instead of only Templates).