IP Components Tab:
The IP Components tab displays the design files that make up the IP instantiated in the project, including Intel FPGA IP cores and megafunctions, Qsys Pro components, and third-party IPs. Click Launch IP Upgrade Tool from this tab to upgrade outdated IP components.
Columns in the IP Components tab show the status of Intel FPGA IP, entity name, IP component name, version of the tools that created the IP component, IP file name, and vendor that provided the IP component.
The Status column displays icons that indicate whether Intel FPGA IP is up-to-date or should be regenerated. If your project contains IP components that you created in an earlier version of the Quartus® Prime software, you need to regenerate them or open a parameter editor to edit the IP in order for your design to compile successfully.