The Project Manager lets you effectively manage media and projects, especially large projects with many clips and different media formats.
You can easily archive large projects by transcoding all relevant files in projects and sequences into an intermediate or mezzanine codec.
The Project Manager provides several options to consolidate relevant files into a mezzanine codec based on user-defined preferences. While consolidating the files, the Project Manager copies only portions of source footage used in sequences and automatically creates a trimmed project.
You can easily archive this single codec, or share with other teams and systems. At any point, you can re-edit the archived projects in Premiere Pro.