Premiere Elements 10 - Project not compatible following OSX update

Hi,
I have recently been working on a project within Premiere Elements 10 on a mid-2010 iMac without issue.
Over the last weekend I decided it was time to upgrade OSX to Yosemite (v10.10) from Snow Leopard (v10.6) however since then, when trying to open this project, I receive an error that "The project is not compatible with current version of Premiere Elements".
Some of my other previous projects give the same error when trying to open, however some do not. I think it may have something to do with whether I have included a DVD menu - those that do work, do not have a menu added.
I'd like to stress that I have only ever used Premiere Elements 10 for these projects.
Has anyone had similar issues or found work arounds?
Cheers

rodb
I am strictly an Elements User and problems with the same symptoms can (often do) have different causes. But, you mention of
"The project is not compatible with current version of Premiere Elements" coupled with "DVD menus" brought back a 2011 flash back
of a Premiere Elements 9.0 Windows issue.
As a just in case, please check it out and determine if any of it applies to your situation in spite of the fact that on the surface your issue
is presenting a going from one Mac operating system to another.
Getting a "project not compatible" error in Premiere Elements 9 - Elements Village
In another more recent instance this type of error message pointed to disc menus...
PE 13 - Project not compatible with current version of premier elements
Have you checked the integrity of the related Premiere Elements 10 computer saved disc menu themes in the change from one Mac operating system to the other?
We will be looking forward to your progress.
ATR

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