Hello,
Project Accelerator has many different choices for Project Request, Programs, and Projects. But, very often, I will need different choices, or even new ones.
And, of course there is a way to customize it.
Let me start with a Project Request. I will create a new one:

and:

As we can see, for Priority, I have four options, but I need fifth: (5) Very Low.
First of all, all those fields, like Name, Request State, Priority are stored in Tables, in Dataverse.
For Project Request, there is a table which can be accessed:

and:

since I want to modify the Priority field, I will choose it and I will follow next steps:

and:

and:

That is it. Now back to the Project Request:

and here it is!
Now let’s look at the Program:

and:

What? The same value is available in Program as well. Why? Because both tables are using the same field. And I can see all those Choice fields here:

and:

So I can add, edit or delete them from here, as well.
Finally, the Project!

and:

As you can see, for Project Type I can choose, between: Security, Cloud Computing, etc. Now, let’s say that this Project is Construction type. But, I don’t have this option available. No big deal. I will add it.

and::

and:

I will add Construction as a choice:

and:

Now, let’s get back to my Project:

Voila! Here it is.
So, as you see, if you have right permissions, you will be able to customize many choice fields for your own purpose
Regards!
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About Nenad Trajkovski
Location: Zagreb, Croatia
Occupation: Project Manager
Interests: Project Management and MS PROJECT
He was born in Zagreb, Croatia at 1963. After completing his college he started working on projects in different business areas (banking, manufacturing, automotive industry, distribution, oil companies, etc.) developing and implementing ERP systems into different companies. He has got a lot of experience working with people in different business processes and also possesses great knowledge in information technologies and financial services. Today he works as a business consultant, adn Project Manager in PERPETUUM MOBILE d.o.o. Zagreb. He is a regular lecturer for Project Management in MS Innovation Center in Varaždin, Logosoft Sarajevo in Bosnia and Herzegovina and SEAVUS GROUP in Skopje Macedonia. He was named the best lecturer of WINDAYS 2008 while his lecture was also voted as the best. In addition, he was in TOP 10 lecturers at the MS SINERGY 2009 and MS VISIA 2009, 2010. Shares first place as the best lecturer of KulenDays 2009 and 2010 and PMI Conference 2009 in Zagreb. He is also a regular lecturer in the MS Community. He is a Certified Accountant and a PMP (Project Manager Professional) and a PMI-RMP (Risk Manager Professional), MCP, MCT, and Microsoft Certified Technical Specialist - Microsoft Project 2010. From 01.01.2012 awarded with MVP (Microsoft Most Valuable Proffesional - Microsoft Project)!