The video shows how the Autodesk Revit 2015 would install on brand new Windows 10.
The Plant Design Suite Ultimate installer is used here to get hold of Revit Structure. Therefore, while it is not a standalone installation, and not the base edition of Revit, it should still be representative.
Everything was set. But the missing templates error upon launching Revit is related to the error in deselecting the installation of the Revit Content. Since then installed that and mapped the template path correctly which dealt with the issue.