Project settings is where you can control the project level attributes:
- Name - The name of the project
- Color - The project color
- Estimate - The amount of hours budgeted to complete the project
- Start Date - The start date of the project
- Due Date - The project deadline
- Archived - Remove the project from your active list.
- Note - Any additional information about the project
From the settings you can also control who is on the project team.