The event log will be normally as follows:

The application-specific permission settings do not grant Local Activation permission for the COM Server application with CLSID {CLSID NUMBER WILL BE HERE} and APP ID {APP ID WILL BE HERE}.

Copy your CLSID number and paste the following into the address bar in regedit.

ComputerHKEY_CLASSES_ROOTCLSID{YOUR CLSID HERE}

ComputerHKEY_CLASSES_ROOTAPPID{YOUR APP ID HERE}

It will take you to a key and in that key it should tell you a program. e.g. runtime broker.

You need to download a program called power runfrom sordum.org. This give you full permissions with everything ion your computer that is opened with it. Be careful it is very powerful.

Run Power run and paste 

dcomcnfg.exe

into it and run it from within power run. When the dcom window opens navigate to:

Component Services /Computers / My Computer /DCOM Config /

Right click on the relevant app name or app id name and choose PROPERTIES / SECURITY. Click on the edit besides launch and activate permissions. When here add SYSTEM as a user and give it local launch and local activation permissions as well as whatever user the event is showing.

Close out, shut down power run and you have completed the job.