As we have seen, JIRA comes with a number of project types, depending on what applications you have installed. The business project type, being part of JIRA Core, is available to all installations.
Business projects are very similar to how JIRA worked before JIRA 7, where it works as a highly customizable, generic task tracking system. The focus of business project type and its templates is for users to be able to easily create tasks and track and report on their progress.
Out of the box, you have three built-in templates, each with a set of predefined configurations, such as workflows and fields, to give you some idea on how to set up your projects. You can use them as is or customize them further based on your needs.
