You may installed Team Foundation server 2010, and wondering how to create a team projects.
Visual Studio used to create a Team project, steps below
Run Visual Studio 2010 with appropriate permission, and connect to Team Foundation Server
Select the Team project collection that you want to save the new team project inside
Open Team Explorer
Right click Team project collection and select “New Team Project”
Next, Next
Select “Create an empty source control folder” and click finish
Click finish on confirmation windows,
The team project wizard start to create the new team project
At the team explorer, you can see and manage the new project “ITmugWeb”
Assign users to groups so they can access the repository with deferent privileges