First I would advise you not to install this on your real computer, but use a virtual machine like BOCHS or VirtualBox. It's a lot easier than using a real disk partition.
It looks like all the filenames in the archive are wrong. most of the files and directories are all uppercase but should be lowercase. No big deal on windows, but you won't be able to compile this on a linux system.
What exactly is you problem? It seems that the description is a little wrong. There is a Makefile in each of the source folders and the obj folder, so you just type make when you're in the folder. I'm not sure about the asm command. Perhaps you can use nasm.
For more help you should be a little more specific. What system do you work with, what are you trying, what error messegas do you get ...
For sure I won't try everything out and write a new tutorial for you.
Who needs a signature anyway.