Understanding Project Deliverables
Deliverables are essential components in project management, representing the measurable outcomes or products that need to be completed and handed over to a client or stakeholder at the end of a project. These can range from physical objects to services or even software applications, depending on the project scope.
Key Takeaways
- Definition: Deliverables are the quantifiable goods or services that a project promises to deliver upon its completion.
- Types: They can be both tangible, like physical products, or intangible, such as software or training programs.
- Importance: Proper definition and management of deliverables are crucial for project success and client satisfaction.
Documentation and Contracts
Deliverables are often outlined in project contracts or service agreements, making them legally binding. These documents detail what will be delivered, the timeframe, and the quality standards expected, providing a clear roadmap for project execution and accountability.
Milestones and Reporting
In larger projects, deliverables are typically aligned with milestones to track progress and ensure phased delivery. These milestones help in managing team expectations and in facilitating the structured progress of the project.
In Different Industries
Deliverable expectations can vary by industry. In areas like film production or software development, deliverables include not only the final product but also supporting documentation, source files, and legal paperwork, which are critical for operational transfer and legal compliances.
Types of Deliverables
Tangible Deliverables
These are physical items produced or procurement achieved as a part of project execution. Examples include buildings, machinery, or even smaller components like computer hardware.
Intangible Deliverables
These include outcomes like software programs, training sessions, and process improvements. Although not physically touchable, these deliverables are key to enhancing capabilities and operational efficiencies.
Related Terms
- Project Management: The complete process of planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives.
- Milestone: A significant checkpoint in a project used to validate how the project is progressing and realign priorities if necessary.
- Contract Management: The process of managing contract creation, execution, and analysis to maximize operational and financial performance at an organization, all while reducing financial risk.
Suggested Books for Further Studies
- “Project Management Absolute Beginner’s Guide” by Greg Horine - A comprehensive guide to managing projects effectively, focusing on practical skills required to handle deliverables.
- “The Fast Forward MBA in Project Management” by Eric Verzuh - Offers tools and techniques for mastering project management, including managing deliverables across various industries.
In sum, deliverables are the linchpins of project management, holding together the expectations and realities of project execution. Whether tangible or intangible, understanding and managing deliverables effectively ensures that a project stays on track to meet its predefined objectives, much like a train relies on railways to reach its final destination: the successful completion station.
