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Unable to read project file 'abc.vbproj.' in the VS2005/Windows 7

Synocus asked
I used to develop web application in the XP/Window 2003 with Visual Studio 2005.  

Now I have moved to the Windows 7 environment. The .Net web application works fine in browser, but I have problems to open the project in the VS2005 SP1. I have already installed Service Pack 1 for Vista and Update to support Web Application Projects updates. I'm running VS2005 as admin. IIS manager can be opened and I have the ABC application there. If I click browser application, the browser is opened and web application works fine.

I get error from VS that "Unable to read project file 'abc.vbproj'. The Web Application Project ABC is configured to use IIS Web Sites, you must install all of the following Windows components.
- Internet Information Services
- IIS 6 Metabase and IIS 6 Configuration Compatibility
In addition, you must run Visual Studio in the context of an administrator account etc.

I wonder what is the problem. What should I do.
Watch Question

windows 7 comes with iis7 in iis7 you need to explicitly installed  services.
goto control panel in that select programs and feature. on the left hand side there is option turn on or off windows feature, select that.

in this please make sure the above items are check and then click ok this will solve your problem.