Edit Work Item Templates in Visual Studio Teamservices?
Is it possible to edit the Work Item Templates (former TFS Online) in Visual Studio Team Services?
I haven't found anything yet during my research. I tried the Powertools, unfortunately it says "access denied".
Yes, you can create a new Process Template inherited from an existing one, then add customisations to that.
The easiest way to get started is to open a Work Item and click on the "..." on the top right and select Customize: