Hi There--
As far as I know that the default name is shown from the site title. You may see the default PWA site title is
Project Web App. try updating on Testing/development server & see the result.
http://servername/PWA/_layouts/prjsetng.aspx
Replace the servername with the Server instance which you are using.
Thanks, Amit Khare |EPM Consultant| Blog: http://amitkhare82.blogspot.com http://www.linkedin.com/in/amitkhare82