Management Point installation fails with “mp.msi exited with return code: 1603”

Management Point installation fails with “mp.msi exited with return code: 1603”

I am trying to install a new Management Point but it’s failing as shown in the log:

======== Installing Pre Reqs for Role SMSMP ========
Found 2 Pre Reqs for Role SMSMP
Pre Req MSXML60 found.
No versions of MSXML60 are installed. Would install new MSXML60.
Enabling MSI logging. msxml6_x64.msi will log to D:\Program Files\Microsoft Configuration Manager\logs\msxml6_x64MSI.log
Installing D:\Program Files\Microsoft Configuration Manager\bin\x64\00000409\msxml6_x64.msi
msxml6_x64.msi exited with return code: 0
msxml6_x64.msi Installation was successful.
Pre Req SqlNativeClient found.
SqlNativeClient already installed (Product Code: {49D665A2-4C2A-476E-9AB8-FCC425F526FC}). Would not install again.
Pre Req SqlNativeClient is already installed. Skipping it.
======== Completed Installation of Pre Reqs for Role SMSMP ========
Installing the SMSMP
Passed OS version check.
IIS Service is installed.
No versions of SMSMP are installed. Installing new SMSMP.
Enabling MSI logging. mp.msi will log to D:\Program Files\Microsoft Configuration Manager\logs\mpMSI.log
Installing D:\Program Files\Microsoft Configuration Manager\bin\x64\mp.msi CCMINSTALLDIR=”D:\Program Files\SMS_CCM” CCMSERVERDATAROOT=”D:\Program Files\Microsoft Configuration Manager” USESMSPORTS=TRUE SMSPORTS=80 USESMSSSLPORTS=TRUE SMSSSLPORTS=443 USESMSSSL=TRUE SMSSSLSTATE=0 CCMENABLELOGGING=TRUE CCMLOGLEVEL=1 CCMLOGMAXSIZE=1000000 CCMLOGMAXHISTORY=1
mp.msi exited with return code: 1603
Backing up D:\Program Files\Microsoft Configuration Manager\logs\mpMSI.log to D:\Program Files\Microsoft Configuration Manager\logs\mpMSI.log.LastError
Fatal MSI Error – mp.msi could not be installed.
~RoleSetup().
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