Where Dispensationalism sees the Scriptures unfolding in a series of (typically) seven “dispensations” (a dispensation can be defined as the particular means God uses to deal with man and creation during a given period in redemptive history), Covenant Theology looks at the Scriptures through the grid of the covenant. Covenant Theology defines two overriding covenants: the covenant of works (CW) and the covenant of grace (CG).
Huku theolojia ya mgawo inaona maandiko kuwa yanajufunua katika hatua mfululizo (hasa) ‘migawo saba ('mgawo' unaweza kuelezwa kuwa namna ambayo Mungu aliyotumia kushughulika mwanadamu na viumbe wakati wa muda huo katika historia ya ukombozi),Theolojia- Mkataba inaonekana katika maandiko kupitia kwa mtazamo wa agano. Theolojia-Mkataba imefafanua maagano mawili kuu: ahadi ya kazi, na agano la neema.