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Set two Iterations as "Current" under one Timeline

Accepted answer

You can't have multiple current iterations as current under one timeline.
However, if your project area has multiple timelines, you can set one iteration as current in each timeline.
You can then configure the team area to work in the alternative timeline allowing each team area to have its own timeline and current iteration.
However, if your project area has multiple timelines, you can set one iteration as current in each timeline.
You can then configure the team area to work in the alternative timeline allowing each team area to have its own timeline and current iteration.