To begin working with Teamprise and Team Foundation Server (TFS) you will need to complete the following tasks:
Before you connect to a TFS, set up a directory on your local drive for your source control projects. For example, (if you work on a trunk and branches, you might create a directory, C:\TFS_trunk; if not, you can simply create a directory after the name of the Team Project: c:\TeamProj_Name.
Note: The important thing to remember is to match your local directory structure as closely as possible to the directory structure of your project in TFS to avoid hierarchy conflicts.