installation errors

i installed the latest cakephp on a wamp server
im using eclipse as the development platform

i installed cake under:
wamp/www/project/
so all the cakephp directory files are inside/project

i have many errors showing in the eclipse project explorer

all under cake/libs/

in the views folder for example
cache.php
has errors:
the local variable $engine may not have been initialized:
(line244)
if (!$_this->isInitialized($engine)) {

and many more

i also get this error
Fatal error: Maximum execution time of 30 seconds exceeded in C:\wamp
\www\xml_search\app\controllers\lookups_controller.php on line 36

the php.ini memory limit was set to 8mb
changing it to 30mb didn't make a difference

what is wrong???

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