Deliverables serves as a general term that encompasses the requirements of a project. A deliverable may be an object, used in the greater scheme of the project. For example, in a project meant to upgrade a firm's technology, a deliverable may be a dozen new computers.
Alternatively, a deliverable may be a function or aspect of the overall project. For example, a software project may have a deliverable specifying that the computer program must be able to compute a company's accounts receivable.
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