How to create a new VM under Oracle VM Manager?

Course Name = Oracle VM Installation and Administration on Linux x86-64
Instructor = Kabeer Khan, ex-Oracle, New Zealand

Learning Objectives
===================
By the end of this course you will be able to learn following topics:
+ Introduction to Oracle VM Server
+ Planning Oracle VM Server Installation and Completing Pre-Requisites
+ Oracle VM Server Installation
+ Introduction to Oracle VM Manager
+ Oracle VM Manager Installation Pre-Requisites
+ Oracle VM Manager Installation
+ Creating Server Pools and Repositories
+ Managing Servers and Networks
+ Managing Virtual Machines
+ Importing Oracle Virtualbox VM into Hypervisor based Oracle VM Server environment

Certification(s)
This course helps you in preparation of following certification:
+ Exam Number: 1Z0-590
+ Exam Name: Oracle VM 3.0 for x86 Essentials

Keywords
Oracle VM Architecture
Oracle VM Server Architecture
Oracle Virtualization
Oracle VM Agent
Oracle VM Server Training
Oracle VM Manager Training
Oracle VM Training
Oracle Training
Oracle VM 3.0 for x86 Essentials
Oracle VM Essentials
Oracle VM Server
Oracle VM Manager
Oracle VM
1Z0-590

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Hi, Iam new to Oracle. Try to create a Repository but got error as Cannot create OCFS2 with local system server. Is there any thing i need to do on server side, i did some google and they tell me to run mke2fs command for my device but did not help.!!