You should be able to do what you are desiring. There are things you will need to keep in mind,howver ... the drive/directory must be the same on both computers or there can be problems. You will get a message something like " cannot locate ... ." Sometimes you can direct the computer to the correct files. Sometimes it's more difficult than that. I'm sure someone else can help youmore than I canm but following are some notes from our web site on backing up and restoring, that tells how the file structure is set up in UFT. Hope it helps you some.(You can get the full thing from the link of our main page http://rug1.tripod.com/http://rug1.tripod.com/)
----------- Most users don't know that the .PRO file is just a control file which has pointers to the files. Copying this file only does not back up your data.
Because of the file structure within the Ultimate Family Tree program, the project, library and multimedia files all need to be backed up separately. If you back up both the project and the library files together, they will restore to the same directory. If you have only one project and the project and library files are stored on the same drive, then it's okay to make a backup that includes the project and library files. Otherwise, files should be separated (by projects and drives) in the backup.