Is your system a 32 or 64 bit system?
Considering that you are installing the UFT ALM add-in, and ALM itself is a 32 bit application, you probably need to install the 32 bit version of this component in order to have the add-in installation detect it, even if you are using a 64 bit system.
Considering that you are installing the UFT ALM add-in, and ALM itself is a 32 bit application, you probably need to install the 32 bit version of this component in order to have the add-in installation detect it, even if you are using a 64 bit system.