I would think if your hard drive diagnostics failed, reinstalling the operating system is just asking for further problems. Your problem is more likely hardware failure. You probably need to install a new hard drive.
If you saved projects to the hdd before it failed and have managed to reinstall the OS onto the same drive, provided you didn't format the drive during installation, any projects and files that are not corrupted due to bad sectors will still be on the drive in the lcation that you saved them. You should use explorer to copy them across to anther drive immediately. Any that you can't find or copy are sadly gone forever if you do not have a backup. A tough lesson that we have all learned at some stage.
You should also consider having a separate drive for your projects and audio files.
Hope you find your files!