An Adobe Cache Project is a specialized Enterprise Project. It auto-mounts and optimizes the cache settings of Adobe Creative Cloud-based applications so that these cache files do not fill up local storage (C:\). Also, cache files can be found all in one place.
Typically your user account will be assigned this Project by your Org Admin. It will auto-mount on the Enterprise Workstation Dashboard located in the Projects Panel.
A. Adobe Premiere
Under Adobe Premiere> Preferences> Media Cache, the cache has been automatically assigned to the new file path.
B. Adobe After Effects
Under Adobe After Effects> Preferences> Media & Disk Cache. The disk cache will be assigned to the new file path.
*Please note: You may have to assign the 'Conformed Media Cache' to the same location manually within After Effects.