Does the description disclose side effects, auth requirements, rate limits, or destructive behavior?
Annotations already declare the mutation profile (readOnlyHint=false, idempotentHint=false, destructiveHint=false), so the description's contribution is the two behavioral facts they omit: the project is created empty, and it is automatically opened (changing active-project state, which matters given get_active_project). It says nothing about failure on duplicate names, but the key side effect is disclosed.
Agents need to know what a tool does to the world before calling it. Descriptions should go beyond structured annotations to explain consequences.