While testing some functionalities in TC, I came to know two work flow processes named Baseline and Preliminary.
Both workflow creates a instance of item revision with respective release status. Can anybody explain the difference between two?
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While how you precisely use these features can vary depending on your business case and configuration, in general think of a baseline as a checkpoint in the development of a product (i.e. something that is incomplete) that will not carry a release status for some time while a preliminary release would be more akin to a completed product that is starting or will soon start a proper release process.
Bottom line is it depends on your business process and how you want to configure products.