4) Define globalization, outsourcing, and virtual teams and describe how these trends are changing IT project management.

Globalization allows you to connect with anyone around the globe. Outsourcing, when a company gets goods from another source. Virtual Teams is a group of people who correspond as a team from across the world using technology. These trends have become extremely common because the world has become so advanced and so many countries are so interwoven because of offshoring deals that are made between them.