When using VMPrep to setup a VM for use in a Lab Management system I got the error cross at the bottom of the dialog

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Not too much help, usually there is a link to the log file or a message.

If you look in the log file in c:user[name]AppdataRoamingLMInstaller.txt you see that the path to the Patches folder is invalid.

This is fixed by editing the VMPrepToolVMPrepToolLibraryApplications.XML file and correcting the path (which I had made a typo in)