Just to be clear, are you talking about copying work items within TeamPulse or within TFS? If it's within TFS then we don't have any tools that might help you. If within TeamPulse, you can simply change the name of the original project you created to whatever you wish it to be, even after it's been created. You can access this by clicking on the Project ribbon tab and then Project Settings.
the Telerik team
Do you want to have your say when we set our development plans?
Do you want to know when a feature you care about is added or when a bug fixed?
Telerik Public Issue Tracking
system and vote to affect the priority of the items