I know it's not the answer you're looking for but the best solution would be to work on your project in smaller pieces. Like 30 minute segments. And then combine the finished pieces later.
That's how pros do it, including the people in Hollywood. They would never risk assembling an entire feature film, including effects and transitions, on a single timeline.
PowerDirector can embed projects, so it's designed to just that. If you work on your project in 30 minute or less segments, you can then build a master timeline in which you use the project files for each segment as media for your final mix-down.
Otherwise, every time you open your project not only will you be having to wait two hours for it to open and load all of your effects, trims, transitions and adjustments, you take a serious risk that the whole thing will corrupt and you'll lose everything.
Again, this may not be the answer you're looking for, but it is a word to the wise. And (assuming you still have 100 gig or so free space on that SSD so the program so the program has room to spread out virtual memory) it will make everything work faster and more smoothly.