If you’ve just stumbled upon this article, I recommend you start from the beginning by clicking the Part 1 link below. For easy reading, I’ve broken this blog post into four parts:
Part 1: Microsoft SQL Server Installation 
Part 2: Management and Reporting Server Installation <– YOU ARE HERE
Part 3: Publishing Server Installation, Registration, and Load Balancer Configuration
Part 4: Sequencing and Client Installation

To ease deployment, I’ve created a Prerequisites PowerShell quick reference. Copy the following to paste into an elevated PowerShell prompt:

Install-WindowsFeature Web-Server
Install-WindowsFeature Web-Asp-Net
Install-WindowsFeature Web-Net-Ext
Install-WindowsFeature Web-ISAPI-Ext
Install-WindowsFeature Web-ISAPI-Filter
Install-WindowsFeature Web-Windows-Auth
Install-WindowsFeature Web-Mgmt-Console
Install-WindowsFeature NET-Framework-45-ASPNET
Install-WindowsFeature Web-Asp-Net45

Open an Elevated PowerShell prompt and paste the script block:

You should see several confirmations that the Roles and Features were installed. When completed, close the PowerShell prompt:

If you are not hosting SQL Server locally on the same management server, install Microsoft C++ 2010 Redistributables (x86 and x64). These are automatically installed for SQL Servers:

Mount the App-V 5 Installation Media and navigate to Drive:\App-V 5.0 Server. Launch APPV_SERVER_SETUP:

Click Install:

Accept the license terms and click Next:

Select Use Microsoft Update and click Next:

Select the following:

Management Server, Management Server DB, Reporting Server, Reporting Server DB

Click Next:

Click Next:

With Default instance and configuration selected, Click Next:

Leave defaults and click Next:

With Default instance and configuration selected, Click Next:

Leave defaults and click Next:

Enter an account or group for administrative access (ws12\youngtech) to App-V. Enter 552 for the management service Port binding and click Next:

Enter 553 for the reporting service Port binding and click Next:

Click Install:

Click Access the management server:

Install Silverlight:

Click Run:

Click Install Now:

Click Close:

Review the default App-V configuration for an empty management server. We’ll come back and complete the configuration shortly!

To review any section, please choose from the following:

Part 1: Microsoft SQL Server Installation 
Part 2: Management and Reporting Server Installation <– YOU ARE HERE
Part 3: Publishing Server Installation, Registration, and Load Balancer Configuration
Part 4: Sequencing and Client Installation

If you have any questions, comments, or just want to leave feedback, please do so below. Thanks for reading!

–youngtech