Unfortunately, this didn't work.
I ran the sfc command as suggested and after it finished, I had this message: "Windows Resource Protection found corrupt files but was unable to fix some of them. Details are included in the CBS.Log windir\Logs\CBS\CBS.log. Note that logging is currently not supported in offline servicing scenarios." I looked for the CSB.log file, but couldn't find it.
Anyway, I then restarted Windows, reinstalled Parallels Tools and double clicked the downloaded file (called "MediaCreationTool.exe"). The same result: "Getting a few things ready", "What do you want to do? Upgrade this PC now." and "Getting a few things ready." Then nothing, though Parallels used 100% CPU for quite a while, but there was no evidence of any process working. I let it go for a couple of hours, but no indication of anything happening.
When I try to run it again, it ends with a message "There was a problem running this tool. We're not sure what happened, but we're unable to run this tool on your PC. If you continue experiencing problems, reference the error code when contacting customer support. Error code 0x800704DD-0x90016."
Fortunately, I've been working with a clone of my Windows 8.1 VM, so I can start over.
Last edited: Oct 23, 2015