Each password in Team Password Manager belongs to a project. Projects are used as main organizational blocks to make the management of passwords easier. Access to a project (and thus its passwords) can be granted to everyone or only to specific user or groups.
A project can be anything you want - a website, an SEO project, a server, a building, a client - and can contain any number of passwords.
Passwords and projects can be tagged for easy filtering.
The user can set a password and a project as favorite for quickly accessing it later.
Finally, projects no longer used can be marked as "Archived" (so that they don't get in the way).