Creating a portal for collaboration.

Workspaces provide a collaborative portal for team to engage in a project.

To illustrate how to create a new workspace, I’ll begin with a test document in my team site.

To create a new workspace, I’ll use the context menu by right-clicking the document and selecting to create a new workspace.

When prompted to confirm my choice, I’ll choose OK.

Once the workspace has been completed, I’m presented with various tools for collaboration such as a Calendar, Tasks list, Announcements center, Shared Documents library, etc.
Also, I can invite other participants under the “Members” webpart.