I have finally managed to install the TFS on a single machine - I followed step by step all the instructions and the installation was successful. However, in Start/Programs there was no entry added so I don't know how to administer it. I looked at some webcasts and it seems as though you do the administration through some (Share Point) web pages. Where do I point my IE for that page And also, is there something extra that I need to do to get that TFS in the menu

Team Foundation Server - Administration
Gabriel Kevorkian
To add or remove users from team projects and Team Foundation groups, you can use the settings menu entries on the Team menu in VS 2005 (that menu appears when you are connected to a Team Foundation server). There is some documentation in Team Foundation Walkthroughs on MSDN http://msdn2.microsoft.com/library/ms181244(en-us,vs.80).aspx.
As far as administering SharePoint and Reporting services, there is nothing integrated in VS 2005. For one approach for dealing with permissions in all three, see Mike Attili's approach.
Simplify Authorization for Team Project Creation
http://www.amaxo.com/blog/archives/2005/04/simplify_author.html
Buck
xian_ve
After a while I realized that the first obstacle we must overcome is to get the VS 2005 Team Suite (on the client side) to connect to the Team Foundation Server.
I have posted a new question - if you have suggestions, you are more than welcome to post them. Otherwise, thanks again for your reply.
All the best,
Eddie