Start to understand the directions for knitting -- you will need to know the basic abbreviations on the directions. I don't have a copy but be sure that you understand what all of them are: k = knit, p = purl, inc. = increase dec = decrease and so on. If you have more - just ask.
Know how to make a slip knot -- I use one from the crochet world because it never fails.
Know how to knit -- here is a good set of videos on knitting basics --- I don't know if there is a video for the pattern but you did not include any information.
Videos: The girl on these has been on television teaching and has a nice style -- all of these are with the same person so you can follow along. Copy the links off to your desktop so you can watch them when you need to. There will be other links if you want to see other videos on the same subject.
tools: http://www.youtube.com/watch?v=oe18PKo7I…
Slip Knot: http://www.youtube.com/watch?v=SvST5H-zx…
Cast on: http://www.youtube.com/watch?v=mwwIyoxNu…
knit stitch http://www.youtube.com/watch?v=oYGqXAN8R…
Purl Stitch http://www.youtube.com/watch?v=LgqtlxVaE…
Knit Stitch Increase http://www.youtube.com/watch?v=t0qU4wGEY…
Purl Stitch Increase http://www.youtube.com/watch?v=qZ_vOcgCk…
Knit or Purl decrease http://www.youtube.com/watch?v=GQ22RuGNT…
Cast off / Bind off: http://www.youtube.com/watch?v=eEGsf99ep…
Write if you need more help - I am open to PMs
Please add a note when you vote -- HTH