Put the following into a script.tfc file called for example.

cd %3
rem Change the current directory from whatever it is to the project folder.
workspace /new /s:TeamServer2 /user:UNO\juan %1BuildWS%2
rem Create a new workspace on the TeamServer2 server as user UNO\juan.
rem Assign a name to the workspace that concatenates the first command line argument (%1) + "BuildWS" + the second command line argument (%2)
get %1 /recursive
rem retrieve the latest version of the first command line argument.
branch %1 %1V%2
checkin /comment:”This is build v%2 of %1”
label %1Build%2 /category:builds /comment:”%1 Build %2” %1V%2
workspace /delete %1BuildWorkspace%2