Receive "Failed to deploy the VDB into DQP error" in MetaMatrix Designer

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Issue

I am adding new views and virtual procedure to the existing VDB and all the connector bindings are setup correctly and VDB status says "The virtual database is ready to execute." in the designer.
But when I click on execute, I am getting an error "Failed to deploy the VDB into DQP error".
The log file does not have any additional information but the "Failed to deploy the VDB into DQP error".

Environment

MetaMatrix Enterprise Designer 5.5.4

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