Most likely the answer is yes. You can use a calculator such as yeastcalc.com or mrmalty.com to determine what size starter you need. This will be determined by the viability of the yeast (calculated from the package date), the OG of the beer you are going to make, and your procedure for making the starter (oxygen, stir plate, etc.). You will then need to boil 100 grams of DME per litre of starter wort for about 10 minutes. Don't forget to add a little extra water to account for your boil off. Then cool the wort to pitching temperature and add your yeast. In about 24 hours your starter will be done. You can pitch the whole starter into your brew or if you have a few days until you brew put the starter in the fridge. The advantage to making it ahead of time is that you can decant (pour off the beer) and just pitch the yeast. Get your starter out of the fridge a few hours before it is needed, decant, and let it warm up to pitching temp.