[whpalmer4]

No need to use cut/copy/paste for this. Right above the title of the project is a button labeled "Edit". Press it, and you'll get drag handles at the right hand end of each item in the project. Use them to drag things into place. Note that at the moment, you can drag something into an indented group only if you don't make it the final item in the group; if that is your intended destination, you have to drag it elsewhere in the group first, then drag the last item forward.

Press the blue Done button when you're done.