Video color management ensures what you see on your monitor when editing and color correcting is accurate and matches your desired video output color space. It doesn't have to be intimidating, or difficult to set up. In fact, implementing a properly calibrated, color managed monitoring pipeline for standard dynamic range Rec.709 video doesn't need to be expensive either.
Learn how to set up and manage proper external video monitoring for your edit and color grading suite.
Most video creators overlook monitoring and color management. Here is a low budget DaVinci Resolve monitoring solution for under $3000.