The monitor is set up like the two-screen platform of a video editing deck.
The advantage of the two-screen system is that you can manipulate a clip in the source screen and then play the timeline to see how the changes look in the overall project.
The files you've imported appear in the Project window. For each file that you import, the Project window lists its name, type, and duration. Other columns let you add your own descriptions or labels. You can scroll or enlarge the window if necessary.
The Project window organizes and accesses all of the source material contained in your project. Bins are sub-folders within your project that are used for organizing media clips. (A clip can be digitized film, video, audio, a still image, or sequence of still images.)
In a large project it is convenient to create a different bin for each type of media or for different categories of camera shots.
To create a new Bin:
You can work with any of the clips contained in the Project window simply by dragging them into the Timeline or Monitor.
The Timeline is where you compile and edit your clips to form your movie. The Timeline also provides an overview of your video layout, showing you where certain clips end and others begin, where transitions are located, etc.
The Timeline graphically shows the placement of each clip in time, its duration, and its relationship to the other clips in the program.