My iphoto is incomplete and damaged. How can I fix this problem?

I have mac 10.7.5. I installed ilife from a disc but can not find it. I believe it corupted my iphoto...
My main problem is I now can not open iphoto due to being 'damaged' and 'incomplete'.
Can someone please explain to me what steps can i take to get my photos back and/or the iphoto program?
If this is a serious problem and I might have a chance loosing all my photos ddue to my lack of IT knowledge please tell me to go see an expert. Cheers.

Either select the iPhoto application in the Applications folder and look for the Version in the Version column
or select iPhoto and type Command - i to bring up the Info window
OT

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