You receive an "Error 1327. Invalid Drive" error message when you try to install a software from CD/DVD-ROM

Problem:
You receive an "Error 1327. Invalid Drive" error message when you try to install a software from CD/DVD-ROM.
For example you try to install a software from DVD (e.g. E:\) and you get an error message about G:\.

Solution (e.g. Windows 7):
Computer icon,, right-click
Manage
Storage
Disk Management
CD-ROM (right-click)
Change Drive Letter and Paths (For example on the picture below for G:\)