Hello CRYENGINE community!

i'm just started exploring CRYENGINE V and i need some advice on project management. As far as i see CRYENGINE works both with filesystem folder and it's own database (i just see a lost of differences in import dialog/material editor/etc and that i can't find folders i created in Asset explorer in the project folder. But maybe i'm wrong

). So what is the most common way to orginize projects in CRYENGINE V? Where is generally accepted yo store textures, models, meterials, shematics and c++ sources?