TF03177 Team Project Creation Failed

While using Visual Studio 2008 and Team Explorer to connect Team Foundation Server 2008 and try to create a New Project in it, you may be enounter below Error;
TFS30177_Team_Project_Creation_Failed
TF03177: Team Project Creation Failed ErrorTF30004: The New Team Project Wizard encountered an unexpected error while initializing the Microsoft.ProjectCreationWizard.Reporting plug-in. Explanation TF30171: The Microsoft.ProjectCreationWizard.Reporting plug-in used to create the new team project could not be initialized and returned the following error: TF30224: Failed to retrieve projects from the report server. Please check that the SQL Server Reporting Services Web and Windows services are running and you have sufficient privileges for creating a project.. User Action Contact your Team Foundation Server administrator.

Solution:
Most often, this hapens due to Visual Studio Service Pack. You may need to Install Visual Studio Service Pack 1 on your system. It is becuase Team Foundation Server has diffirent version of Team Explorer version. I have face this issue when I Install, Team Foundation Server SP1 with Microsoft SQL Server 2008 on Windows Server 2003. Some of users may be have already Visual Studio Service Pack 1 Installed but this error might comes on these users as well, as your Team Explorer may be Installed after the service Pack. So, When you will Install Visual Studio Service Pack, this will fix your issue.
Learn How to Install Team Foundation Server with SQL Server 2008
Learn How to Create Team Project in Team Foundation Server 2008

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