A workspace is nothing more than a structure of directories for different types of components. While theoretically any directory can be anywhere on your network, we strongly recommend using the standard workspace structure, which is a main directory with subdirectories named AppHtml, AppSrc, Bitmaps, Data, DDSrc, IDESrc, Help and Programs. The AppSrc folder is for the source code of your WebApp. The Bitmaps folder is used for VDF only. The root directory is just a container and should not contain any files.
Every workspace gets a unique name and a description.
This helps you to develop as many different WebApps as you want, because when using the Studio or any other tool, you can switch to a specific workspace, where your work does not affect any other WebApp. You can also customize your working environment on a workspace per workspace basis. All tools in the WebApp Studio use the workspace structure. This means that a wizard creates the ASP page and places it into the AppHtml folder and the WBO file in the AppSrc folder. We already discussed the different scenarios above.