In CloudBees CD, types of shortcuts include:
Part of the CloudBees CD home page facility: this shortcut records the location of a page you visit frequently (either inside or outside of CloudBees CD), so you can return to that page with a single click from the home page.
Context-relative shortcut to property paths: this shortcut can be used to reference a property without knowing the exact name of the object that contains the property.
A part of the property hierarchy: this shortcut resolve to the correct property path even though its path elements may have changed because a project or procedure was renamed.
Shortcuts are particularly useful if you do not know your exact location in the property hierarchical tree.