
Gina,
Easy to do. In general, all you need to do is select the project, right click on it and select Save as Template. More information is available here: http://usermanual.clarizen.com/#templates. In general, you would want the project that you plan on converting to a template to include all the required milestones, tasks, etc. You'll have the option to include or not resources, notes and documents.
-Ariel