A deliverable is a set of goods or services provided by a supplying party to a buying party as part of a contract agreement, or as the result of completing part or all of a given project. The attributes of a deliverable are often evaluated based on the acronym “SMART”: Specific. Measurable. Achievable. Results-oriented. Time-Bound. Deliverables are considered to be an internal or external obligation to deliver a specific outcome or product as a result of services rendered.