There usually is a standard format that outlines what information you need to provide, helping to keep things organized and easy to understand for everyone involved.
Not having an AFE is like sailing without a compass; it can lead to confusion and mismanagement of funds, and you might find yourself in hot water with the higher-ups.
Yes, you can modify it, but it's like changing the plans for a road trip. You’ll need to get the new plan approved again to keep everything in order.
It varies, but you could be looking at anywhere from a few days to a few weeks, depending on how busy the decision-makers are and the complexity of the project.
Typically, it’s the management team or project leaders who give the thumbs up on the AFE, making sure it aligns with the company's goals.