There is a new process management tool made by Talmia company.
The tool makes process management easier based on work flow concept.
The “Big Picture” of working in Talmia is:
You start by Defining your Scenarios, each in its own work flow:
You Deploy the Process and all its Scenarios after defining them and Talmia will automatically synchronize with the TFS by creating all the work items and activating them based on the work flow.
The Execute section is just following the work items Talmia activate and finish them.
During the all process you monitor the progress of the Scenarios and the total work flow of the process.
You can see a video that shows all the functionality in this link: http://www.talmia.com/video.aspx
Have Fun!!!