create folder structure via script

Hi,

can someone guide me, how to create a project folder in an already existing project folder structure?

Let's say, I have such a structure:

Now, I would like to create another one, underneath X Funds_Management but via script. How to do that?

Same question applies to a model, if I create a model (like this):

CreateModel(PdEAM.cls_Model, EvaluateNamedPath("%_MODELS%") + ModelName + ".eam" , omf_DontOpenView)

There is no option, to create it f.e. underneath X Funds Management ...?

Is there a method how this can easily be done?

Regards,

Rafal