Which person is generally responsible for a company's contract management, including negotiating terms, ensuring compliance, and documenting changes?

• A. Contract Manager
• B. Program Manager
• C. Project Lead
• D. Procurement Officer

Answer: (A)

Contract management centers on owning and administering a contract from negotiation through execution and change control. The person in this role leads negotiations to clarify obligations, timelines, pricing, and risk allocation; ensures that all parties comply with contractual terms and applicable laws and regulations; and maintains an auditable record of changes—amendments, change orders, and version history. They coordinate with legal, procurement, finance, and the business teams to track deliverables, manage risk, and resolve issues so the contract stays aligned with policies and objectives. Other roles focus on broader programs, specific projects, or sourcing activities, but they do not own the contract lifecycle, making the contract manager the correct choice.