Is there any way for Premiere Pro to save a new version of a project file (“Save As”) in the last location it was opened from, instead of the last location used, such as where I exported a video? This new behavior is extremely frustrating.

Hi SafetyMedia.pl,

Currently,  there is no preference/setting to set a default location for the project files.
I am moving this thread to the Feature Requests page so others can upvote it.

Thanks,
Sumeet

Yes, this costing a lot of time

Post a feature request:

https://community.adobe.com/feature-requests-730

I know what you mean. It’s quite frustrating. I’m getting the same issue when importing into Premiere, it never remembers the last location I imported from ☹️