Informatica Intelligent Cloud Services assets are organized in projects. You can create multiple projects. A project can contain one or more folders or assets such as data profiling and rule specifications.
For example, you might have a business need to provide monthly analyses of your company's sales activity. You create a project called Monthly Sales Analysis. You create folders that contain the assets that you use on a monthly basis to integrate and run Data profiling tasks on the data from various systems to perform your analysis.