Apple Final Cut Pro 7 - Manual (Page 1547)

Even if you aren’t sure what settings the other person’s media files are set to, you can
send the recipient your original project without using the Media Manager. When the
recipient gets the project, he or she can perform the same “Create offline” media
management operation explained above to create a project compatible with his or her
local media files.
1547 Chapter 91 Offline and Online Editing