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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.
Definition: (ITIL Service Strategy) A service that delivers. the basic outcomes desired by one or more. customers. A core service provides a specific. level of utility and warranty. Customers may. be offered a choice of utility and warranty. through one or more service options. See. also enabling service; enhancing service; IT. service; service package.