In a scenario where you have a few contexts for a given custom field of type Select List (single choice), as an example:

Context 1

• Project: Default
  • Values: 1, 2, 3

Context 2

• Project: MJ
  • Values: MJ1, MJ2, MJ3

Context 3:

• Project: GS
  • Values: GS1, GS2, GS3

Create a new project with shared configuration and select project "GS" for example.

Requested behaviour:

In the newly created project, the values of the custom field should be the same as "Context 3" since the project was created based on project "GS"