You can edit HDV footage in the 720p, 1080p, or 1080i formats. When creating a new project for these formats, make sure you select the Project preset from the HDV presets that matches the specifications of your source footage.
Premiere Pro does not contain its own presets for HD footage. HD footage presets are usually installed into Premiere Pro when an HD capture card that supports Adobe Premiere Pro is installed.
For best playback performance, it is sometimes helpful to render HD footage when you first place it in a sequence.
From the Welcome screen, click New Project.
Select File > New > Project.
For an HDV project, select an HDV preset that matches your footage.
For an HD project, select a preset supplied with your HD capture card.