HP ALM/MF ALM Initialization has failed. Contact your system administrator.

For details, see the loader log file.

Failure details:

ALM-Platform-Loader components has not been initialized as expected, URL property hasn't been set. Initialization aborted.

Resolution: 

Close all the browsers and select Internet Explorer as “run as administrator” and then try to login into project. It will help to resolve the issue. 

If it is not working, then try this:

Uninstall the ALM from your local system.

• Go to the share drive location path to get the ALMUninstaller setup file or software center, it contains ALMUnistaller application, 
• Run the client uninstaller setup and select "Full Cleanup" (close all the browser windows before continuing)
• Once the uninstallation done, restart your system
• Open IE as “run as administrator” and Launch HP ALM  URL (EX: http://localhost:8080/qcbin/ )
• Click on Tools -> HP ALM Client Registration -> Register HP ALM
• Once client installed, then download HP ALM Connectivity from the tools.
• Then close all the browser once and login to your ALM project.