Which term indicates the features and functions specified for delivering a product?

The term that indicates the features and functions specified for delivering a product is best described by product specifications. Product specifications provide a detailed description of the technical and functional requirements that a product must meet for successful delivery. They outline the characteristics, such as dimensions, materials, and performance criteria, that need to be achieved.

Project scope refers to the overall boundaries and deliverables of a project, focusing more on the big picture rather than diving into specific features and functions. It outlines what is included and excluded from the project and helps in understanding the project's limits, but it does not detail the specific features required for the product itself.

Business requirements, while related, typically describe the high-level needs of a business that relate to the overall performance or outcomes of a project rather than the specific details about the product's functionality or features.

A delivery schedule focuses on timelines and deadlines associated with the delivery of various project milestones or the final product but does not pertain to the features and functions of the product itself.

Thus, product specifications are essential for clarifying what is needed to create a product that meets both business and user needs, making this the most accurate term for indicating the features and functions provided for product delivery.