I came across this error while installing Microsoft dynamics CRM on a server as refered in below image

You can follow below steps to resolve above issue ,

  • search Computer Management.
  • Open Computer Management tool.
  • Local Users and Groups
  • Select Groups
  • Double click Performance Log Users and add users into the group
  • Go back to Microsoft Dynamics CRM installation. Click Back on the System screen and then Next.

SOURCE : mscrm.in
FACEBOOK : https://www.facebook.com/microsoftdynamicsindia/