I have just begun trying to build a video with Premiere Elements 10
I have created many videos with Windows Movie Maker..found it boring for Effects etc.that's why I have this new software.
Now my question is ..How do I set the time for each clip?
I like to add a clip that goes with each lyric in the song.
That's pretty basic editing. You just trim each clip as needed in Timeline mode.
Have a look at my free 8 part Basic Training tutorial series. It should make the process relatively clear.
Welcome to the forum.
As Steve points out, that is "editing."
One can use either of two Tools in PrE, to Trim the Clip to suit.
First, one can Dbl-click on the Clip in the Project Panel to open it in the Source Monitor, which looks a bit like the Program Monitor, but it has the In & Out Point settings. When that Clip has been Trimmed, as needed in the Source Monitor, just drag it to the Timeline.
Or, one can drag the Clip to the Timeline, and then click+drag on the Head of the Clip to set its In Point, and on the Tail, to set the Out Point.