Assembly process In conjunction with CPM Bid and master project

Hi,

My client wanted to keep Assembly process and implement CPM for managing bid estimates to customers, status trends , check list, milestones, creating risk register and change management.

-An Opportunity is created in Sales Force ?
-Create a Master project
-Create & send bid estimate to customer?
-When the bid is accepted , bypass the quotation and create an order from CPM(system will open a new session & takes you to Order master data screen for creation).Ideally , if assembly process is configured , a project must be created when the sales order is saved. Is this a possibility ?
or Do I have to assign the Objects such as order and project manually in CPM workspace ?