Can I update to the new FCPx without effecting my current project?

Stupidly, I updated my computer to Mavericks. However I'm halfway through an FCPx project and now I can't export it.
I'll get the new fcp x but will this effect my current project? Does it simply open in the updated version?
Thanks for your help.
(Why is it I always regret updating my apple products?)

You really need to answer this:
What are your complete computer specs?
The current version if 10.1.1. It will not effect your projects and events if they are updated correctly. You need to read about this.
http://www.fcpxbook.com/updates/101/
You also need to give your computer specs to see if there may be other problems going forward that will not make it possible.

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