Clone a Project

Now you can replicate a project along with all the data, custom fields, flags and other settings in a single click via the Clone project option. This is useful if you want to maintain a master copy of a project prior to sharing it (with Edit rights) with a client or colleague. When you clone a project, it will automatically consider all categories, custom fields and other meta data while creating a new project.
This option is present within Projects tab under created by me tab, here from the dropdown on the extreme right you can clone the project. 

Clicking on clone option, will open a new window. You need to enter a name of the project which is to be created and click on Clone. When you open the project, you will be able to view all records along with the categories and other meta data.

Clone a project to a different user - You can clone your project to a different user. This is useful if you want to transfer a project completely to another user.