"Project Type" - clarification sought

by default there are 3 different “Project Types” in ERPNext

  1. Internal
  2. External
  3. Other

It seems to me that this is only a logical categorization that can be used to organize Projects but has no other implications (like access) depending on what Project Type is assigned to a Project. Is this correct?

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Hi! I have the same question. Did you find an answer?