To create a new project in Vivado Lab Edition, click the Create New Project icon as shown below. Enter the project name and location in the New Vivado Lab Edition Project dialog box. When you create a new project, Vivado Lab Edition creates a project file. The project file has the same name as the project name entered in the New Vivado Lab Edition Project dialog box with the .lpr extension. See the following figure.
Figure 1. Vivado Lab Edition Creating a New Project