gesture noun [ C ] (MOVEMENT) C1 a movement of the hands, arms, or head, etc. to express an idea or feeling: The prisoner raised his fist in a gesture of defiance as he was led out of the courtroom. She made a rude gesture at the other driver.
The contract portfolio as the name implies is a holding space for contracts and agreements related to the provision of services. Literally the contracts held in the Contract Portfolio lay out the terms and conditions associated with the provision of services.
Contract management or contract administration is the management of contracts made with customers, vendors, partners, or employees.The personnel involved in Contract Administration required to negotiate, support and manage effective contracts are expensive to train and retain. study has found that for 42% of enterprises...the top driver for improvements in the management of contracts is the pressure to better assess and mitigate risks and additionally,nearly 65% of enterprises report that contract lifecycle management (CLM) has improved exposure to financial and legal risk..