User can set and edit some basic data on a process creation wizard or process settings.

Open to process builder. Click menu "Action" (1) and select "Open Process Settings" (2) to open "Edit Process Settings" popup (3).

On "Basic Settings" tab user can edit:

• Version name (4) (useful if you have more than one version of current process).
• Description (5) (some assistive text available to view and use as standard Salesforce object field).
• List of process admins (6) (users permitted to modify, start, proceed this process, etc.). "Search" field helps to find proper users.

Other fields are read-only:

• Version ID (7)
• Process ID (8)

These  fields are useful in some cases, e.g., calling API methods.

Also, from the version 6.0 user can select Business Hours (9) to apply them to current Process - instead of changing Business hours in the system. This  will allow to change business hours without affecting other processes. If this field is not set, default (set in the system) business hours will be used.

Click "Save" button to apply changes or "Cancel"  to discard them.

From the version 7.0 user can check "Enable Steps Statistics" (10) checkbox to enable gathering statistical information on the current Process. This information is described in the proper article.