# Projects Projects are a lightweight way for collectives to raise money and manage budgets for a specific initiative or idea. A Project has its own balance and record of contributions and expenses. It can set contribution tiers, offer rewards, establish goals, give updates to backers, and have its own admins. However, a project is separate from the Collective that runs it. That means it can only spend the budget it has (rather than the entire Collective budget). However, a Collective can allocate part of its overall budget to the Project if it chooses. For an example of a Project in action, see [Bushwick Ayuda Mutua’s Asylum Seekers Fund](https://opencollective.com/bushwick-ayuda-mutua/projects/asylum-seekers-fund). ### Creating a Project To create a Project, go to your Collective’s page. Ensure that you have your Projects section visible, you will then have the ability to “Create Project”. This will invite you to choose a name, a profile URL and add a short description of what the Project aims to achieve. Once the Project is live, you can click on “settings” to edit and customize it. This includes: * **Editing your info:** You can edit basic information, add tiers and goals and customize your page. * **Adding contribution tiers and goals:** This operates similarly to your collective page. [Learn more about this here](/collectives/raising-money/setting-goals-and-tiers.md). * **Adding updates:** You can update your community on your Project’s progress. To enable, go to your Project’s “profile page” and select “always visible” next to your updates box. Learn more about [updates](/advanced/keeping-your-community-updated.md). * **Managing Team Members:** All Collective team members are part of the Project team, but you can add or remove team members from your project without affecting the Collective. {% hint style="success" %} If you add a team member to a Project, they do not become an admin of your Collective. Therefore, you can give people responsibility for a Project without giving them access to the Collective itself. {% endhint %} ### Closing a Project If you wish to close down a Project you can Archive it or Delete it, in either case, you will need to zero the project’s balance. Learn more about moving your project's money on the [Moving money](/collectives/managing-money/moving-money.md) page. Navigate to your Projects Dashboard > Settings > Advanced. #### Archive your project Archiving your project means it will visually appear inactive and no new activity will be allowed. #### Delete your project You can only delete your project if there is no transaction history. This enables us to ensure the accuracy and integrity of the ledger. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://documentation.opencollective.com/collectives/managing-money/projects.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.