Microsoft Project Standard 2010 has encountered an error

Hello, Today with a co-worker we were working on sequencing Project 2010 and at some point during the installation we’ve got the following error message. I am trying to resolve this issue but I am unable to fix it. Help me with proper solutions.
Thanks.

Microsoft Project Standard 2010: Installation Progress Setup Error 1920.Service ‘Office Software Protection Platform’(osppsvc)failed to start. Verify that you have sufficient privileges to start system services.
