I had a support ticket opened with HP - I was apparently encountering an issue with file paths - where there was a space in the path, I was receiving an error. I don't know all the particulars, but I was directed to a conversion tool that converts a Win Path to a DOS path.
Might be useful for other folks, so thought I would pass it along.
Win Path: C:\Program Files\HP\LoadRunner\bin
Converted to DOS Path: C:\PROGRA~1\HP\LOADRU~1\bin