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 is the process of managing contract creation, execution and analysis to maximize operational and financial performance at an organization, all while reducing financial risk. Organizations encounter an ever-increasing amount of pressure to reduce costs and improve company performance.