This error code is known when you try to install different Microsoft Office licenses into the same system (e.g. Non-profit license or OEM license and you’re installing Retail license or Office 365 Subscription-based license) – Basically you cannot mix varies types of license in one system.
In this case, we had:
- Microsoft Office Home and Business 2016;
- Microsoft Project Professional 2016;
- And we’re trying to install Microsoft Office 365 Business (Subscription-based license).
Similar error code, same issue:
We ended up with converting all of our office licenses to Office 365 (Subscription-based) license.