Team Services | TFS 2017 | TFS 2015 | TFS 2013
You receive this error when your run the New Team Project Wizard under the following conditions:
Your Create team project permission isn't set to Allow.
Correct this error by contacting your administrator and ask that the permission Create new projects be added to your user account.
If your on-premises TFS supports SharePoint Products or SQL Server Reporting Services, you might need to have permissions set for those products as well. See Add accounts to administer project collections.
You're client version isn't compatible with the TFS version where you're trying to create a team project.
To create a team project or manage process templates on an on-premises TFS, you must connect using the same version level of Visual Studio or Team Explorer. That is, to create a team project for an on-premises TFS 2015, you must connect from Team Explorer 2015. You can download and install released versions of Visual Studio Community or prerelease versions in in a side by side configuration for free.