If you don't already, install Python 2.7.3. Now install the pip and virtualenv commands.

sudo easy_install pip
sudo pip install virtualenv

You're now clear to checkout the project.

git clone https://github.com/frameworktodo/django-todo.git
cd django-todo

Go ahead and install the application dependencies.

virtualenv venv --distribute
source venv/bin/activate
pip install -r requirements.txt

In order to interact with tasks, you'll want to setup the database.

python manage.py syncdb

Then go ahead and start the local server

python manage.py runserver

And now you should be able to access the project in the browser at http://localhost:8000.

To clear the database run the following command

python manage.py flush