How to create a website in IIS7 windows 7?

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IIS7

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How can i create a website in IIS7?
I tried to follow below steps but it doesn't work.
http://technet.microsoft.com/en-us/library/cc772350%28v=ws.10%29.aspx[^]

in my case, i have developed one asp site and i have published that in to one folder.
I tried to add new website (Rightclick->add website) and gave the path of this folder as physical path.
But when i try to open the website like right click ->Manage web site ->Browse , below error is coming,

Network Error (dns_server_failure)


Your request could not be processed because an error occurred contacting the DNS server.
The DNS server may be temporarily unavailable, or there could be a network problem.

Url is something like this,
http://test/[^]


How can i do this ??