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If you are trying to see the current project/shell name or number populated on your each BP record, then use standard elements. These standard elements will be populated with current shell info without any extra design. While you are on BP form designing, you click on "Standard" button on toolbar to pick standard elements. You will find some company level as well as Project level standard elements. Pick whichever is you are interested.
Hope this helps.
NICE! thanks a lot Udaya!! this work perfectly!
Udaya nailed it. However, if that data is subject to change, you may want to use linked elements instead of standard elements.