The following are the fix for this error:
1.Uninstall the Nero software or InCD services.Bcoz always it consumes the lot of memory.
2.Right Click My Computer ->Properties->Advanced Tab->Performance->Advanced Tab->Virtual Memory (Click the Change button)->Modify the Min & Max memory for C:\.
Note : By doing these,will increase your virtual memory paging file size.
3.If you have stopped Nero & InCD services and still you are getting the error .Pls try to reduce the allocated memory in VPC.
Just try the above 3 steps .It should work for any one of these options.