Scenario: Getting Started with Team Foundation Server Installation (start here)
You can install Visual Studio Team Foundation Server with the least amount of preliminary work by using the basic configuration. On most operating systems, the installation wizard installs and configures Internet Information Services. You can find information about exceptions in the checklist. You can use SQL Server Express, which is included with the installation files for Team Foundation Server, or you can use an existing instance of SQL Server.
You cannot configure reporting or a team project portal if you use the basic configuration. However, you can track bugs, tasks, and other work items; you can put files under version control; and you can access information by using Team Web Access. If you are installing Team Foundation Server on a server operating system, you can always add reporting or a team project portal after you have installed Team Foundation Server.