You must turn on “Remember recently used items” in the Apple Menu Options Control Panel to use this feature.
Auto-Open: If this item is checked, all documents in the list will be opened and all applications in the list will be launched, when the module’s timer is started.
Auto-Start: If this item is checked, the module’s timer will be started when any documents in the list are opened or any applications in the list are launched.
If this item is checked, you will be notified when any application in the list, or any application that “owns” a document in the list, is quit while the timer is running.