Is it possible to enable the copy feature for project like the custom objects. There is an option to enable the copy feature on custom object's action menu but not on project.
Release : 15.8.1
Component : CA PPM APPLICATION
This functionality is not present at this time.
It is possible to create a new Project based on another Project (whether a "template" or not) by using the "New From Template" feature.
Information on using Templates: