Excel Error: Excel cannot complete this task with available resources. Choose less data or close other applications

When using Excel 2010 you encounter an issue where a dialog box is displayed with the error Excel cannot complete this taks with available resources. Choose less data or close other applications. The error message gives the impression that the system is running out of resources but this is not actually the case. This is a known bug in Excel 2010 and at this time there is no fix only a workaround. This workaround invovles disabling the preview pane in Excel, Outlook and Windows.  Please complete the following:

Windows

1. Open Windows Explorer (Right click Start Menu or Start -> Programs -> Accessories -> Windows Explorer)
2. Click Organize/Layout and uncheck Details Pane and Preview Pane.


Excel

1. Click File | Open
2. Click Organize | Layout
3. Uncheck Details Pane and Preview Pane

Outlook

1. Open a new e-mail
2. In the "Include" group, click Attach File.
3. Click Organize | Layout
4. Uncheck Details Pane and Preview Pane

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