Using the diagram above we can quickly identify the 8 colours of money when it comes to project finances.
What do the terms above mean?
A-Base vs. B-Base:
A-Base money generally comes from the yearly budget but that not a critical point. From our point of view, we can use A-Base or B-Base funding to pay for personnel, consultants, software, training, etc..
This is a draft so take with a grain of salt…
A-Base Capital Personnel
Budgeted salaries for employees (FTE, Term, Casual, Student) working on Capital projects (i.e. NEW development/solutions). In 5-Gate model, typically applies to Phase 4 but may also include some Phase 3 or Phase 5 spending too.A-Base Capital OOC
All other budgeted capital project costs not related to employee salaries (e.g. Consultant salaries, software, training, etc.). In 5-Gate model, typically applies to Phase 4 but may also include some Phase 3 or Phase 5 spending too.A-Base Operating Personnel
Budgeted salaries for employees (FTE, Term, Casual, Student) working on ongoing/existing applications and works (e.g. support) or Capital projects up to Gate 3 (Discovery, Alpha, Beta).
A-Base Operating OOC
All other budgeted costs related to ongoing/existing applications and works (e.g. support) or Capital projects up to Gate 3 (Discovery, Alpha, Beta).B-Base Capital Personnel
B-Base (i.e. bonus money, money not part of yearly budget) salaries for employees (FTE, Term, Casual, Student) working on Capital projects (i.e. NEW development/solutions). In 5-Gate model, typically applies to Phase 4 but may also include some Phase 3 or Phase 5 spending too.B-Base Capital OOC
All other B-Base (i.e. bonus money, money not part of yearly budget) capital project costs not related to employee salaries (e.g. Consultant salaries, software, training, etc.). In 5-Gate model, typically applies to Phase 4 but may also include some Phase 3 or Phase 5 spending too.B-Base Operating Personnel
B-Base (i.e. bonus money, money not part of yearly budget) salaries for employees (FTE, Term, Casual, Student) working on ongoing/existing applications and works (e.g. support) or Capital projects up to Gate 3 (Discovery, Alpha, Beta).
B-Base Operating OOC
All other B-Base (i.e. bonus money, money not part of yearly budget) costs related to ongoing/existing applications and works (e.g. support) or Capital projects up to Gate 3 (Discovery, Alpha, Beta).