One approach (Claude Code) is to evolve it over time. Start small and run /insights often and use that to refine the CLAUDE.md as needed.

https://github.com/trailofbits/claude-code-config?tab=readme...

My approach is to keep them minimal. Make them a table of contents and spark notes, spread them across the repo, keep them up to date as the repo changes.

Something is better than nothing. It's pretty hard to have bad ones, also takes effort to craft good ones. The bad ones are the ones with incorrect information.