The motivation of the review paper is to find out the advantages and the positive impact of collaboration between team members on the performance of a team and motivate members to use the collaborative techniques on a regular basis. The steps to achieve effective collaboration are also defined. Initially, the definitions are clarified. A team is defined as a collection of like-minded people who have banded together to achieve a common objective with an average size between 4 to 20 members. Collaboration is working in sync as a group. Then twenty unique research papers are reviewed. Finally, the findings are presented with highlighting the positive impact collaboration has on teams and how it can be achieved by teams to their own advantage.