When installing Team Foundation Server on a fresh install of Windows Server 2012 R2, I get the following errors:
[07B0:0B18][2015-09-23T14:39:32]i000: MUX: ExecutePackageBegin PackageId: launchTfsMgmt[028C:0280][2015-09-23T14:39:32]i301: Applying execute package: launchTfsMgmt, action: Install, path: C:\ProgramData\Package Cache\75BB5EDBDD67684FC54F6E8B1DFF3A6DFF7E3239\packages\LaunchTfsMgmt\LaunchTfsMgmt.exe, arguments: '"C:\ProgramData\Package Cache\75BB5EDBDD67684FC54F6E8B1DFF3A6DFF7E3239\packages\LaunchTfsMgmt\LaunchTfsMgmt.exe" action=Install RebootPending=0 "logfile=C:\Users\ADMINI~1\AppData\Local\Temp\dd_tfs_server_20150923143103_014_launchTfsMgmt.log"'
[028C:0280][2015-09-23T14:40:11]e000: Error 0x800703ec: Process returned error: 0x3ec
[028C:0280][2015-09-23T14:40:11]e000: Error 0x800703ec: Failed to execute EXE package.
[07B0:0B18][2015-09-23T14:40:11]e000: Error 0x800703ec: Failed to configure per-machine EXE package.