This post is part of an overall Series on Visual Studio Online.
So leading off from the last post in the series where we just created a new VSO account we can click on our account in the list of accounts
and then we are taken to the Create your first team project page, enter a Project name, choose a Process template and what Version control you'd like to use and click Create project
Again it will go away and think for a bit, about 30 seconds late you will be redirected to you new Team Project
That's it, simple enough right.