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Define: "Color of Money" in Business
Fiscal Threat Level
MODERATE
High risk of unnecessary meetings
CWO Pro-Tip
"Find the project manager who controls the O&M budget and make friends. They hold the keys to actual hardware."
What HR thinks it means:
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 agreement but cannot approve your $20 DisplayPort cable."
How HR uses it:
"Ensure all hardware requisitions are aligned with the correct Color of Money before end of year."
How you actually use it:
"I tried to order a backup power supply for the lab, but procurement rejected it because it was the wrong Color of Money."