You can easily create new Outlook items (mail, calendar, contacts, tasks, notes, journals) from other Outlook items using drag and drop. The information in the original item is copied across to the new item, with the drag and drop of the mouse.

Drag an email from your inbox to a contact folder and create a new contact item.
Drag an email to your task folder to create a new task.
Drag an email to your calendar folder to create a new appointment.
Drag a task from your task folder to your calendar folder to create a new calendar item.

from Heather Smith ~ MYOB Certified Consultant