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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.
A deliverable is an outcome that a project team must produce and present to the customer in accordance with the terms of a contract for a project to be complete.he deliverables a team presents to a customer and the deadlines for the completion of the deliverables are specified in a contract. A project manager administers a project to produce project deliverables, such as the installation of a billing system, according to agreed-to objectives.