The de-ice cd's password is part of the exercise.
There are tutorials and hints around but I strongly suggest you not look at them.
They will take all of the fun out of it plus you will not learn anything.
The first thing you can do it use netdiscover to find out the ip of the target.
It should be with level one 192.168.1.100 if it is not then it is a problem with vmware itself. Make sure it is by running netdiscover and looking for something along those lines.
Also you can use your bt machine and visit the website at
http://192.168.1.100
this should get you started. Let me know if you get this far.