Generic Project Portability
In the case of generic project portability, it is just the configuration that is being distributed, which, without relative source files, means the distribution of a "headless project" (refer to Creating a Helix QAC Project).
Once you create a project and then edit any or all the settings using the Project Properties, the project can be copied anywhere. The Synchronization Analysis (typically using Project : Synchronize, with Run Analysis At Same Time checked) will then have to occur on any machine to which the project is copied.