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DEFINITION of 'Deliverables'. A project management term for the quantifiable goods or services that will be provided upon the completion of a project. Deliverables can be tangible or intangible parts of the development process, and are often specified functions or characteristics of the project. Next Up.
This is for you.... A deliverable is a measurable and tangible outcome of the project. They are developed by project team members in alignment with the goals of the project. Milestones on the other hand are checkpoints throughout the life of the project.