P2V using SCVMM error’s because of disk space requirement

While performing a P2V with SCVMM 2012 I got the following error message:

There is not enough disk space on the available volumes.
Maximum disk space on the most appropriate volume, accounting for the host resource utilization  (in megabytes): 103450
The virtual machine requirement (in megabytes): 744776
The maximum available space at the time of evaluation, after considering the virtual machine requirements (in megabytes): 103450
ID: 3501 Continue reading P2V using SCVMM error’s because of disk space requirement