Deliverables
- Category: Project Mangement
Deliverables in Project Management
Deliverables is a fundamental Key Performance Indicator (KPI) in Project Management. It refers to the tangible or intangible goods or services produced as a result of a project that is delivered to a customer or end-user.
Tracking the progress and quality of deliverables is crucial for assessing project success. It ensures that the project outputs meet stakeholder expectations and contribute to the intended objectives of the project.
Assessment of Deliverables
The assessment of Deliverables is usually qualitative and based on whether each deliverable meets its predefined specifications and standards.
Here's a conceptual representation of counting the number of deliverables:
Deliverables = Count of All Completed Project Outputs meeting Predefined Specifications and Standards
In this formula:
- Count of All Completed Project Outputs meeting Predefined Specifications and Standards refers to the number of project outputs that have been completed, aligning with the set quality and standards.
By keeping track of Deliverables, project managers can ensure the project is progressing towards its objectives, and that each output is contributing to project value. Monitoring Deliverables also allows project teams to anticipate, identify, and address any potential issues that can impact the project's final outcome.