Yes! It's easy to create folders to manage abundant files in your account.
Login with your account and enter the Home page. Here, you can create folders in Cloud Storage, My Templates, and My Projects.
For example,
Click My Projects, click Add New Folder and input a name.
Later, you can select projects and add them to this folder.
Click the Add New Folder button to create more different folders.
You can create as many folders as you want.