You can define new RCM Projects using the System Codes screen. Use Entity STPR (RCM Project) under Codes:
User Code: RCM Project Code. Maximum of eight characters.
System Code: * is the only option here.
Description: Project description.
Default: The Risk Matrix associated to the default project will be used for all equipment and locations, unless you select a RCM Project for the Organization of that equipment or location.