Template

A template can include the structure of the original project without any of the content, or it can include both the structure and the content of the original project.

"Structure" means the folders and sub-folders in the original project. "Project content" means any work items you or any other project member have created as part of the project. For example, when you create a tracker artifact to manage a piece of work, that tracker artifact is part of your project's content. Any documents you upload to the project and any wiki pages you create are part of the project's content.