by Matteo Scaramuccia.
Hi Ken,
IIS + 7.0.2? Yes it should.
Please, remember that core Moodle supports PHP 7 only starting from 3.0.1 w/o any plan to backport it to minors below that: MDL-50565.
Besides: https://docs.moodle.org/dev/Moodle_and_PHP7#Can_I_use_PHP7_yet.3F.
HTH,
Matteo