Vault Data Standard replaces the default command New Folder by the New Standard Folder... command .
This command adds a customizable dialog, allows to use the Vault Numbering schemes for folder names, and runs extensible rules validating properties while editing.
See VDS Tutorial - Chapter 03.pdf for the full workflow documentation, including step-by-step instructions to complete all exercises.
Watch the YouTube Video Documentation - Vault Data Standard Tutorial - Chapter 03.