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I'm using the folder/project structure for top-down planning in OF, plus flagging to highlight the projects that correspond to my monthly goals. It mostly works very well already. OF does not yet support sorting or group by flags, but a few of us have submitted feedback asking for that. If you have the sneaky peak and want this feature, be sure to submit your feedback too. Once that's in there, I think OF will handle top-down planning and bottom-up execution very well.