This error shows, that our installer somehow could not configure the BIM Server during the installation. I've seen similar problems when the BIM Server had an earlier module, which was not completely installed either.
Try to perform an installation with repair option on the older module (if there is such). In order to run the installation in repair mode you only need to start a standard installation and it will recognise that the server has been already installed. If that works repair the new module as well.
After these all updates needs to be applied again as the repair installation reverts all files to the original version.
In case these steps don't help, feel free to contact us:
http://www.graphisoft.com/support/archicad/
Marton Kiss
Chief Product Officer
GRAPHISOFT