def METHOD_NAME(prefs):
    """This function is called before opening the project"""
    # Specify which files and folders to ignore in the project.
    # Changes to ignored resources are not added to the history and
    # VCSs.  Also they are not returned in `Project.get_files()`.
    # Note that ``?`` and ``*`` match all characters but slashes.
    # "*.pyc": matches "test.pyc" and "pkg/test.pyc"
    # "mod*.pyc": matches "test/mod1.pyc" but not "mod/1.pyc"
    # ".svn": matches "pkg/.svn" and all of its children
    # "build/*.o": matches "build/lib.o" but not "build/sub/lib.o"
    # "build//*.o": matches "build/lib.o" and "build/sub/lib.o"
    #
    #    prefs["ignored_resources"] = [
    #        "*.pyc",
    #        "*~",
    #        ".ropeproject",
    #        ".hg",
    #        ".svn",
    #        "_svn",
    #        ".git",
    #        ".tox",
    #        ".venv",
    #        "venv",
    #        ".mypy_cache",
    #        ".pytest_cache",
    #    ]
    # Specifies which files should be considered python files.  It is
    # useful when you have scripts inside your project.  Only files
    # ending with ``.py`` are considered to be python files by
    # default.
    #
    #     prefs["python_files"] = ["*.py"]
    # Custom source folders:  By default rope searches the project
    # for finding source folders (folders that should be searched
    # for finding modules).  You can add paths to that list.  Note
    # that rope guesses project source folders correctly most of the
    # time; use this if you have any problems.
    # The folders should be relative to project root and use "/" for
    # separating folders regardless of the platform rope is running on.
    # "src/my_source_folder" for instance.
    #
    #     prefs.add("source_folders", "src")
    # You can extend python path for looking up modules
    #
    #     prefs.add("python_path", "~/python/")
    # Should rope save object information or not.
    #
    #     prefs["save_objectdb"] = True
    # If `True`, rope analyzes each module when it is being saved.
    #
    #     prefs["automatic_soa"] = True
    #
    # The depth of calls to follow in static object analysis
    #
    #     prefs["soa_followed_calls"] = 0
    # If `False` when running modules or unit tests "dynamic object
    # analysis" is turned off.  This makes them much faster.
    #
    #     prefs["perform_doa"] = True
    # Rope can check the validity of its object DB when running.
    #
    #    prefs["validate_objectdb"] = True
    # How many undos to hold?
    #
    #     prefs["max_history_items"] = 32
    # Shows whether to save history across sessions.
    #
    #     prefs["save_history"] = True
    # Set the number spaces used for indenting.  According to
    # :PEP:`8`, it is best to use 4 spaces.  Since most of rope's
    # unit-tests use 4 spaces it is more reliable, too.
    #
    #     prefs["indent_size"] = 4
    # Builtin and c-extension modules that are allowed to be imported
    # and inspected by rope.
    #
    #     prefs["extension_modules"] = []
    # Add all standard c-extensions to extension_modules list.
    #
    #     prefs["import_dynload_stdmods"] = True
    # If `True` modules with syntax errors are considered to be empty.
    # The default value is `False`; When `False` syntax errors raise
    # `rope.base.exceptions.ModuleSyntaxError` exception.
    #
    #     prefs["ignore_syntax_errors"] = False
    # If `True`, rope ignores unresolvable imports.  Otherwise, they
    # appear in the importing namespace.
    #
    #     prefs["ignore_bad_imports"] = False
    # If `True`, rope will insert new module imports as
    # `from <package> import <module>` by default.
    #
    #     prefs["prefer_module_from_imports"] = False
    # If `True`, rope will transform a comma list of imports into
    # multiple separate import statements when organizing
    # imports.
    #
    #     prefs["split_imports"] = False
    # If `True`, rope will remove all top-level import statements and
    # reinsert them at the top of the module when making changes.
    #
    #     prefs["pull_imports_to_top"] = True
    # If `True`, rope will sort imports alphabetically by module name instead
    # of alphabetically by import statement, with from imports after normal
    # imports.
    #
    #     prefs["sort_imports_alphabetically"] = False
    # Location of implementation of
    # rope.base.oi.type_hinting.interfaces.ITypeHintingFactory In general
    # case, you don't have to change this value, unless you're an rope expert.
    # Change this value to inject you own implementations of interfaces
    # listed in module rope.base.oi.type_hinting.providers.interfaces
    # For example, you can add you own providers for Django Models, or disable
    # the search type-hinting in a class hierarchy, etc.
    #
    #     prefs[
    #         "type_hinting_factory"
    #     ] = "rope.base.oi.type_hinting.factory.default_type_hinting_factory"