Red Hat Cost Management metering operator is failing with the error "Forbidden: field can not be less than previous value"

Issue

• Red Hat Cost Management is not showing cluster information.
• Cost management metering operator meteringconfig is failing with the below error:

#  oc -n openshift-metering get meteringconfig operator-metering -o json | jq '.status'

{
  "conditions": [
    {
      "lastTransitionTime": "2021-01-12T20:02:21.391064Z",
      "message": "Reconciling Hive resources",
      "status": "True",
      "type": "Running"
    },
    {
      "lastTransitionTime": "2021-01-12T20:02:37.918807Z",
      "message": "\"Failed to patch object: {\"kind\":\"Status\",\"apiVersion\":\"v1\",\"metadata\":{},\"status\":\"Failure\",\"message\":\"PersistentVolumeClaim \\\"PVC-name\\\" is invalid: spec.resources.requests.storage: Forbidden: field can not be less than previous value\",\"reason\":\"Invalid\",\"details\":{\"name\":\"PVC-name\",\"kind\":\"PersistentVolumeClaim\",\"causes\":[{\"reason\":\"FieldValueForbidden\",\"message\":\"Forbidden: field can not be less than previous value\",\"field\":\"spec.resources.requests.storage\"}]},\"code\":422}\n\"\n",
      "status": "True",
      "type": "Invalid"
    }
  ]
}