There's also a kind of colored pencils that's called water_coloured pencils. The way of application is just the same as colored pencils. However, with this media you can achieve a watercolor effect by dipping a brush in water and brushing along the colored areas with it. It's actually a fun media to try especially if you want to use a watercolor but find the mixing with water hard. It's easy to use as well.
When teaching a class on how to draw animals, we covered mostly graphite and colored pencils, but one of my students wanted to draw with crayons. It was fun cracking open the box of Crayolas and giving the class a demonstration. I shared the illustrations I had done for the book, and we analyzed the characteristics of drawing with crayons.