During project charter creation there is typically a very general understanding of the project,so any budget included is approximate and should be called a preliminary budget with a corresponding confidence level for this estimate.

Question

During project charter creation there is typically a very general understanding of the project,so any budget included is approximate and should be called a preliminary budget with a corresponding confidence level for this estimate.

Quizplus · Accepted Answer

During project charter creation, the understanding of the project is generally broad, so any budget included is approximate and can be referred to as a preliminary budget with a corresponding confidence level for the estimate.

During Project Charter Creation There Is Typically a Very General Understanding