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Deliverables: The Cornerstones of Successful Project Completion

by | Sep 30, 2024 | FinTech Articles | 0 comments

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Important Keyword: Cornerstones, Stakeholders, Successful Project, Milestone.

Introduction:

In any project, whether big or small, there’s always something tangible or intangible produced that marks progress or signals completion. This outcome, known as a deliverable, is crucial to the success of any project. A deliverable could be a report, a software system, a paper, a design document, or even an update. It represents the end result of a specific effort or task that is handed over to a client, stakeholder, or internal team.

Deliverables come in many shapes and sizes. Some are standalone items, while others are smaller parts contributing to a larger goal. Regardless of their form, understanding deliverables is key to effective project management and successful outcomes.

Understanding Deliverables:

Deliverables are often interdependent, with some relying on the completion of others before they can be finalized. This is particularly common in multi-stage projects, where achieving milestones in succession is critical. Breaking down larger deliverables into smaller, manageable tasks can help streamline the process, saving time and improving the final outcome.

For example, in a product development project, design work might begin before all components are fully specified. The elements that have been completed can be “delivered” to stakeholders, while other parts are refined later. This allows the project to move forward without waiting for every detail to be finalized.

A deliverable is different from a milestone in that a milestone represents progress, while the deliverable is the actual product or output given to the customer. Deliverables can be further divided into categories such as hardware, software, or technical documentation.

Types of Deliverables:

  1. Internal Deliverables:
    Internal deliverables are created to keep a project moving forward but are not necessarily shared with the client or end-user. These deliverables serve the project team and help maintain organization and focus.Examples of internal deliverables include:
    • Project Management Plans: Documents outlining the scope, timeline, and resources for the project.
    • Testing Reports: Documents showing the results of testing phases.
    • Training Documents: Materials created for team training purposes.
    • Configuration Management: Tools or systems to manage changes and configurations within the project.
    These internal deliverables are critical to ensuring smooth project execution but aren’t seen by the customer.
  2. External Deliverables:
    External deliverables are the outputs or products that are handed over to the client or end-user. These are the core deliverables that fulfill the project’s objectives and meet client expectations.Examples of external deliverables include:
    • Final Reports: Comprehensive documents that detail the results and findings of the project.
    • Software Products: Completed software applications delivered to the client for use.
    • System Updates: New features or improvements added to existing systems.
    • Organizational Change: Any changes or improvements resulting from a project that impacts the client’s operations, such as reducing process turnaround time.
    These deliverables are what the customer expects at the end of the project, making them critical to the project’s overall success.

Why Are Deliverables Important?

Deliverables are the actual outputs that make a project tangible. Without them, a project would remain an abstract concept. Clear, well-defined deliverables help ensure that both the project team and the client are on the same page. They serve as measurable outcomes that demonstrate progress and accountability. Deliverables also:

  • Track Progress: Deliverables give teams a way to measure progress and ensure that they are moving towards the project’s goals.
  • Set Expectations: By defining deliverables early, both the project team and the client know exactly what to expect at each stage of the project.
  • Facilitate Communication: Deliverables provide a common ground for discussions between project managers, team members, and stakeholders.

How to Manage Deliverables Effectively:

Managing deliverables requires careful planning and clear communication. Here are some strategies for effectively handling deliverables:

  • Define Deliverables Early: At the beginning of the project, identify all expected deliverables, both internal and external. This will help align the team’s efforts and set clear expectations with stakeholders.
  • Break Deliverables Into Smaller Tasks: For large projects, break down big deliverables into smaller components. This makes them easier to manage and track, ensuring nothing falls through the cracks.
  • Set Clear Deadlines: Each deliverable should have a specific due date, allowing the team to stay on schedule and ensure timely completion.
  • Communicate Regularly: Keep stakeholders informed about the progress of deliverables. Regular updates can help prevent miscommunication and allow for adjustments if necessary.
  • Use Project Management Tools: Tools like Gantt charts, task boards, or software like Trello or Jira can help track deliverables and ensure nothing is overlooked.

Common Questions About Deliverables:

  • Q: How do deliverables differ from milestones?
    A: While a milestone marks significant progress towards completing a project, a deliverable is an actual product or output. For example, a milestone might be the completion of a project phase, whereas a deliverable could be a report or software component produced during that phase.
  • Q: Can a deliverable be both internal and external?
    A: Yes, some deliverables serve both internal purposes and are also shared externally. For example, a project status report may be created internally but shared with clients or stakeholders to keep them informed.
  • Q: What happens if a deliverable is delayed?
    A: Delayed deliverables can impact the entire project timeline, especially if other tasks depend on their completion. It’s important to manage these delays proactively, communicate with stakeholders, and adjust timelines if necessary.

Real-Life Example of Deliverables in Action:

Imagine a software development company in India working on a new mobile app for a client. The project is divided into several stages, each with its own deliverables. Early internal deliverables include the project plan, design specifications, and test cases. As development progresses, external deliverables like the app’s user interface (UI) and beta version are provided to the client for feedback. Finally, the completed app, along with user manuals and support documents, is delivered as the final external deliverable.

By breaking the project into smaller deliverables, the company ensures continuous progress and keeps the client engaged throughout the process, leading to a successful product launch.

Key Takeaways:

  1. Deliverables are the tangible or intangible outputs of a project and are critical to its success.
  2. Internal deliverables help maintain organization within the project team, while external deliverables are handed over to clients or stakeholders.
  3. Effective management of deliverables involves clear planning, breaking down tasks, setting deadlines, and regular communication.
  4. Deliverables differ from milestones, which mark progress, while deliverables are actual outputs.

Conclusion:

Deliverables are the building blocks of any project, guiding the team towards the end goal while ensuring that clients and stakeholders are satisfied with the results. Whether internal or external, managing deliverables efficiently ensures that projects are completed on time and to a high standard. By focusing on clear communication and proper planning, businesses can ensure that every deliverable contributes to the overall success of the project.

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