What does the Keyword tag mean in a *.vcxproj file?

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I see the following in many *.vcxproj files

<PropertyGroup Label="Globals">
  <ProjectGuid>{XXXXXXXX-XXXX-XXXX-XXXX-XXXXXXXXXXXX}</ProjectGuid>
  <Keyword>Win32Proj</Keyword>
  <RootNamespace>yadayada</RootNamespace>
</PropertyGroup>

What does the <Keyword>Win32Proj</Keyword> segment mean? Does it affect any behavior during the build?

In general, where can I find documentation on the tags in a project file?

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