I came across a very unfortunate circumstance which occurred after completing a project with premiere elements that was not burned to DVD. The project was saved but the hard disk drive master boot record became corrupted or the hard drive just began to crash. Luckily, I have found a way to recover my captured audio & video using an NTFS data recovery application. I have two main questions at this time:

1- Where are the saved project files located on the hard disk?

2- Is it possible to use the recovered project file to reconstruct the whole edited video on the timeline?

Time is rather short as I need to meet my deadline. Any helpful suggestions would be greatly appreciated. Thank you!

Here are some of my system specs:
P4 1.8 GHz
512MB RAM
WinXP Pro
WD1200JB NTFS and FAT32 (for data recovery)
WD400 NTFS
Pioneer A105 DVD-R/RW