Define: "Color of Money" in Business
High risk of unnecessary meetings
"Find the project manager who controls the O&M budget and make friends. They hold the keys to actual hardware."
The specific budget category or government appropriation fund from which project expenses must be drawn.
What does "Color of Money" actually mean?
"The bureaucratic excuse used to explain why we can afford a $2 million software enterprise agreementEnterprise AgreementA financial hostage situation where you are legally bound to pay astronomical licensing fees for the next five years. but cannot approve your $20 DisplayPort cable."
"Ensure all hardware requisitions are aligned with the correct Color of Money before end of year."
"I tried to order a backup power supply for the lab, but procurement rejected it because it was the wrong Color of Money."
By The Chief Waste Officer
18 years in the corporate trenches quantifying waste so you don't have to.
Related Terminology
Tired of hearing this?
Next time someone says "Color of Money" in a meeting, track exactly how much company money they just wasted. Play Buzzword Bingo, generate a waste invoice, and stop the bleeding.
