Yes. Press CTRL-ALT-DEL twice at the Welcome Screen with no users logged on. Enter Administrator and leave the password blank. Once logged on, go to Control Panel, User Accounts and you can assign a password to the Administrator account there.
USER ACCOUNTS, 1 click, find WHO IS ADMINSTRATOR? You? 1
click, enter recovery password...enter your secret
question? If you don't remember this, go to recover
secret question. Follow your instructions GOOD LUCK!