It is important that the members of the team understand what their roles and responsibilities are. Regardless of its representation, the team is responsible for ensuring that the acquisition:
Satisfies legal and regulatory requirements.
Has performance and investment objectives consistent with the agency's strategic goals.
Successfully meets the agency's needs and intended results.
Remains on schedule and within budget.
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Successful teams
typically have a number of features: shared leadership roles, individual as well as mutual accountability, collective work-products, performance measures related to the collective work-product, and other ingredients.
In a team environment, the roles and responsibilities of the members blur and merge, often with striking results.
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