Error while starting ASP.net Web Site Administration Tool

Have you ever run into problem like when you want to start your ASP.NET configuration application (WAT) on a browser and it shows something like the figure on the right side?

The solution is simple...:-) Just don't get bothered about the error message. Why in the world Microsoft does not support any white space...it will remain a bit foolish mystery!! However folks just keep the project folder in a location which does not have any white space on its path. That's it!