Clicking Find will bring up a list of all files within a project, no matter where they are located at on the hard drive. Application determines the software to run. Simulation brings up FEA analyses while Design is the CAD interface. You can switch between modules in I-DEAS at any time. The application changes the selection of tasks to pick.
Tasks are separate groups of functions.
For example, the Master Modeler task contains all the commands used to create CAD models. The Boundary Conditions task allows you to specify boundary conditions for a finite element simulation. The project will be created as your username.