In TeamPulse you can group the work items(stories, bugs, feature requests etc.) by assigning them to a particular area. The areas have hierarchical structure so you can combine different areas to a common one. Here is an example: you have an area named: Admin and two subareas: Manage Users and Permissions. How to manage the areas you can find here.
To see the progress for a particular area you can use the reports that are generated for a particular Area.
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