Currently Archivist has only been designed to be deployed to Heroku, but rolling your own deployment should not be too difficult.
For detailed installation guidance please see Archivist's Wiki page.
Please keep in mind that some of Archivist's requirements installations - Ruby, Rails, AngularJS, for example - will vary depending on your operating system. Archivist's installation guidance does not cover the installation of those requirements. Yet.
To run the test suite just call
rails test. Currently 197 tests and 256 assertions.