In plain English
It is a running record of what a contract requires to be done. It keeps each duty together with any due date and the duty's current status.
In context
In this section name, “obligation tracker” denotes the log of contract duties that records each duty and monitors any deadline and its current status.
- Situation
- Tracking obligations, deliverables, milestones, notices, and deadlines
- What it communicates
- names the section used to monitor contract duty items.
Meaning limits
The term by itself does not identify who owes each duty; it only indicates that duties, deadlines, and current status are recorded and monitored.
Examples
“The obligation tracker showed the rent-review notice as due on 30 June and still pending.”
“Update the obligation tracker whenever a contract duty moves from pending to complete.”