Hi Vivek,
17:01:32| Info| Check ReportingUrlValidator: Success
17:01:32|Warning| <html>
<head>
<title>
SQL Server Reporting Services
</title><meta name="Generator" content="Microsoft SQL Server Reporting Services 10.50.4000.0" />
<meta name="HTTP Status" content="500" />
<meta name="ProductLocaleID" content="127" />
<meta name="CountryLocaleID" content="1033" />
<style>
BODY {FONT-FAMILY:Verdana; FONT-WEIGHT:normal; FONT-SIZE: 8pt; COLOR:black}
H1 {FONT-FAMILY:Verdana; FONT-WEIGHT:700; FONT-SIZE:15pt}
LI {FONT-FAMILY:Verdana; FONT-WEIGHT:normal; FONT-SIZE:8pt; DISPLAY:inline}
.ProductInfo {FONT-FAMILY:Verdana; FONT-WEIGHT:bold; FONT-SIZE: 8pt; COLOR:gray}
A:link {FONT-SIZE: 8pt; FONT-FAMILY:Verdana; COLOR:#3366CC; TEXT-DECORATION:none}
A:hover {FONT-SIZE: 8pt; FONT-FAMILY:Verdana; COLOR:#FF3300; TEXT-DECORATION:underline}
A:visited {FONT-SIZE: 8pt; FONT-FAMILY:Verdana; COLOR:#3366CC; TEXT-DECORATION:none}
A:visited:hover {FONT-SIZE: 8pt; FONT-FAMILY:Verdana; color:#FF3300; TEXT-DECORATION:underline}
</style>
</head><body bgcolor="white">
<h1>
Reporting Services Error<hr width="100%" size="1" color="silver" />
</h1><ul>
<li>The report server installation is not initialized. (rsReportServerNotActivated) <a href="http://go.microsoft.com/fwlink/?LinkId=20476&EvtSrc=Microsoft.ReportingServices.Diagnostics.Utilities.ErrorStrings&EvtID=rsReportServerNotActivated&ProdName=Microsoft%20SQL%20Server%20Reporting%20Services&ProdVer=10.50.4000.0" target="_blank">Get Online Help</a></li>
</ul><hr width="100%" size="1" color="silver" /><span class="ProductInfo">SQL Server Reporting Services</span>
</body>
</html>
17:01:32| Error| Check ExistingRSValidator : Failure: Setup failed to validate specified Reporting Services Report Server http://VMSQL/ReportServer. Error: Error occurred while finding an item on the report server.
The report server installation is not initialized. ---> Microsoft.ReportingServices.Library.ReportServerNotActivatedException: The report server installation is not initialized.
17:01:32|Verbose| Validation ran.
17:01:32|Verbose| Validation completed.
17:01:32|Verbose| Method exit: Microsoft.Crm.Tools.EDW.Framework.EDWTool.Run
17:01:32|Verbose| Method exit: Microsoft.Crm.Tools.EDW.Framework.EDWTool.RunAll
17:01:32|Verbose| Method entry: Microsoft.Crm.Tools.EDW.Framework.EDWToolCallbacks.Clear
17:01:32|Verbose| Method exit: Microsoft.Crm.Tools.EDW.Framework.EDWToolCallbacks.Clear
17:02:38| Info| Are you sure you want to cancel this operation?, Question, YesNo, Option2
17:02:39| Info| InputResult: Yes
17:02:45| Info| GetDBUpdateRevisionThresholdForServer(): Threshold = 3731.
Best Regards,
Ben