rhevm-setup fails with error: Failed updating configuration parameter: Error: failed updating configuration field CertAlias to engine

Issue

On running a fresh rhevm-setup I get the following error message:

RHEV Manager will be installed using the following configuration:
=================================================================
override-httpd-config:         yes
http-port:                     80
https-port:                    443
host-fqdn:                     rhevm.example.com
auth-pass:                     ********
org-name:                      example.com
default-dc-type:               FC
db-remote-install:             local
db-local-pass:                 ********
nfs-mp:                        /var/lib/exports/iso
config-nfs:                    yes
override-iptables:             yes
Proceed with the configuration listed above? (yes|no): yes

Installing:
Configuring RHEV Manager...                              [ DONE ]
Configuring JVM...                                       [ DONE ]
Creating CA...                                           [ DONE ]
Updating ovirt-engine service...                         [ DONE ]
Setting Database Configuration...                        [ DONE ]
Setting Database Security...                             [ DONE ]
Creating Database...                                  [ ERROR ]
Failed updating configuration parameter: Error: failed updating configuration field CertAlias to engine
Please check log file /var/log/ovirt-engine/engine-setup_2013_06_06_16_14_21.log for more information
[root@rhevm ~]#