When you insert an image with the Insert An Image command, AutoCAD Map 3D toolset stores the location of the image in the drawing file. When you open a drawing, AutoCAD Map 3D toolset searches this stored location for the file. If the image has been moved or deleted, AutoCAD Map 3D toolset searches the Project Files Search Path.
To create a search path
A folder named Projectx (where x indicates the next available number) appears under Project Files Search Path.
The project name cannot contain leading spaces or terminating spaces.
A path entry is created under the project name.