Hi,
Trying to create a new Team Project and it fails, following is the error log i get.

Please help.
Regards
Deep

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07/20/2005 10:08:04.037 | Module: ELeadServiceMediator | URL for eLead web service retrieved as "http://net2005:8080/bisserver/EleadWebService.asmx" from the registration service | Completion time: 0.0100394 seconds
07/20/2005 10:08:05.152 | Module: ELeadServiceMediator | eLead web service proxy constructed | Completion time: 1.0139794 seconds
07/20/2005 10:08:11.286 | Module: ELeadServiceMediator | Template Information for domain "net2005" retrieved from eLead web service | Completion time: 6.1340734 seconds
07/20/2005 10:09:33.137 | Module: Engine | Retrieved IAuthorizationService proxy | Completion time: 0.7830732 seconds
07/20/2005 10:09:33.830 | Module: Engine | Project creation permissions retrieved | Completion time: 0.6927186 seconds
07/20/2005 10:09:43.337 | Module: ELeadServiceMediator | Downloaded process template file from eLead web service | Completion time: 9.5073118 seconds
07/20/2005 10:09:43.608 | Module: Engine | Wrote compressed process template file | Completion time: 0.1807092 seconds
07/20/2005 10:09:46.429 | Module: Engine | Extracted process template file | Completion time: 2.8210714 seconds
07/20/2005 10:09:46.489 | Module: Engine | Thread: 6 | Starting Project Creation for project "CommHandler.Net" in domain "net2005"
07/20/2005 10:09:47.463 | Module: Engine | User information retrieved from GSS | Completion time: 0.953743 seconds
07/20/2005 10:09:47.473 | Module: Initializer | Thread: 6 | Starting plug-in inialization
07/20/2005 10:09:47.483 | Module: CssStructureUploader | Thread: 6 | Entering Initialize in CssStructureUploader
07/20/2005 10:09:48.176 | Module: CssStructureUploader | Thread: 6 | Initialize for CssStructureUploader complete
07/20/2005 10:09:48.176 | Module: Initializer | Thread: 6 | Initialization for plugin "Microsoft.Pcw.Css" succeeded
07/20/2005 10:09:48.216 | Module: Rosetta | Thread: 6 | Entering Initialize in RosettaReportUploader
begin Exception entry
Time: 07/20/2005 10:11:33.790
Module: Initializer
Event Description: Initialization for plugin "Microsoft.Pcw.Rosetta" failed with error: "Failed to retrieve projects from the report server"
Exception Type: Microsoft.VisualStudio.TeamSystem.ELead.ProjectCreationNew.RosettaInitializationException
Exception Message: Failed to retrieve projects from the report server
Stack Trace:
at Microsoft.VisualStudio.TeamSystem.ELead.ProjectCreationNew.RosettaReportUploader.CheckForProjectFolder(PrivateData data, String projectName)
at Microsoft.VisualStudio.TeamSystem.ELead.ProjectCreationNew.RosettaReportUploader.Initialize(ProjectCreationContext context)
at Microsoft.VisualStudio.TeamSystem.ELead.ProjectCreationNew.PluginInitializer.InitializePlugins(MsfTemplate template, ProjectCreationContext context)