By default when you install Team Foundation Server 2012, the default weekends for all of your team projects will be set on Saturday and Sunday. These values will actually influence the way TFS will calculate the time estimation for your iterations and the way the task burndown chart is displayed, therefore you probably want to change these values in case the project is running in a country with different weekends or if you have days with no time allocated to this particular project.
Unfortunately, there is no intuitive way of changing that from the administration interface of the team project. The only way is to export the project common configuration template, edit the template and import it back through the witadmin console tool.
