You do not have access to make the required system configuration modifications

Error Message

During the installation, the following error occurs even when logged in with an Administrator's account.

Error:   
You do not have access to make the required system configuration modifications.
Please rerun this installation from an Administrator's account.

Cause

Inadequate permissions are set to the 'HKEY_LOCAL_MACHINE\Software' and the 'HKEY_CLASSES_ROOT\CLSID' registry keys and their subkeys.

Solution or Workaround