Office slang. A project manager who adds no productivity; this individual just carries information between teams, losing parts of the message as they go (like water spilling from a bucket).
During planning last week, that water carrier left out four services we needed to deliver this iteration; now we're totally screwed.
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Water contaminated by fuel.
In reference to the USS Nimitz in which the water supply was contaminated by jet fuel.
Person 1: "Hey man this water tastes funny."
Person 2: "That's not just water that's Aircraft Carrier Water"
Person 1: *falls ill*