Why does kickstart installation of Red Hat Enterprise Linux 7.0 fail with error message "[abrt] anaconda-19.31.79-1 ValueError not enough free space in volume group" ?

Issue

• Kickstart installation of Red Hat Enterprise Linux 7.0 fail with the following error message

:The following was filed automatically by anaconda:
:anaconda 19.31.79-1 exception report
:Traceback (most recent call first):
:  File "/usr/lib/python2.7/site-packages/blivet/devices.py", line 2636, in _setSize
:    raise ValueError("not enough free space in volume group")
:  File "/usr/lib/python2.7/site-packages/blivet/partitioning.py", line 2043, in apply_chunk_growth
:    req.device.size = size
:  File "/usr/lib/python2.7/site-packages/blivet/partitioning.py", line 2048, in growLVM
:    apply_chunk_growth(chunk)
:  File "/usr/lib64/python2.7/site-packages/pyanaconda/kickstart.py", line 706, in execute
:    growLVM(storage)
:  File "/usr/lib64/python2.7/site-packages/pyanaconda/kickstart.py", line 1784, in doKickstartStorage
:    ksdata.logvol.execute(storage, ksdata, instClass)
:  File "/usr/lib64/python2.7/site-packages/pyanaconda/ui/tui/spokes/storage.py", line 349, in execute
:    doKickstartStorage(self.storage, self.data, self.instclass)
:  File "/usr/lib64/python2.7/site-packages/pyanaconda/ui/tui/hubs/summary.py", line 53, in setup
:    spoke.execute()
:  File "/usr/lib64/python2.7/site-packages/pyanaconda/ui/tui/__init__.py", line 169, in setup
:    obj.setup(self.ENVIRONMENT)
:  File "/sbin/anaconda", line 1134, in <module>
:    anaconda._intf.setup(ksdata)
:ValueError: not enough free space in volume group