[Office] The feature you are trying to use (Error 1706)

When opening a program in the Microsoft Office suite (Excel, Word, Access, PowerPoint), a window tells you one of the following messages:

Microsoft Excel has not been installed for the current user. Please run Setup from the application 

The feature you are trying to use is on a CD-ROM or other removable disk that is not available. 

The feature you are trying to use is on a network resource unavailable. 

Installation of Microsoft Excel courses 

Microsoft Excel was not installed for this user. Please run Setup from the application. 

The feature you are trying to use is on a CD-ROM or other removable disk that is not available. Insert the disc Microsoft Office XP Professional with FrontPage and click OK. Use the component from Microsoft Office XP Professional with FrontPage 

Error 1706. Setup can not find the required files. 

This problem is due to the choice of the option 'Install on first use' or due to an update of Microsoft Office (for Windows Update for example).

To remedy this, simply insert the disk for Microsoft Office version installed, or specify the location of files on the hard drive!

An alternative is to click Start, Control Panel, Add / Remove Programs.
Select Microsoft Office XP Professional with frontpage and click on Modify/ Continue, Select add/remove components, and then next.
Then the components to be installed appear, simply click update.