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What does 'Featured Project?' mean and how can I use it

A bit embarrassing here. I’ve set up and am publishing a CMS collection for my different kinds of work [see example at].

On each new project entry page there is a slider for ‘Featured Project?’. I am assuming that sliding this over to active will push this project to the top of the list for each page? Or at least the first image.

BTW, I rank each project from 1-5 [5 is the highest].

Can I get some guidance? I’ve searched for some help, but without much help.

Here is my site Read-Only: LINK
(how to share your site Read-Only link)

I’d recommend sharing your read-only link, and a screenshot of the slider in question (we can’t view CMS settings via a read-only link, but it would allow for someone to see conditional visibility rules etc).