Where can I assign a specific amount of RAM to my VM ?

Hi,

I'm owner of a new macBookPro OS 10.12.2 Sierra, 16GB RAM.
I migrated my Windows 7 64 bit laptop to a VM.
Can someone tell me where to assign the amount of RAM the VM will be allowed to use ?

Thanks in advance.
Michael

 

Dear @MichaelN9
Here is how you can change the amount of RAM assigned to your virtual machine.
Note: Please shut down your virtual machine to modify the virtual machine configuration.

 

Hi Guna,
I bought an educational edition. When I click on the red || sign in the status bar of my Mac I do not get the option to configure.
After I chose Control Center I get: a) new, b) open, c) preferences, d) Help, e) check for updates, f) about paralleles desktop and g) quit parallels desktop, but nothing more.
Kr., Michael

 

I found it !
I changed it intermediately to 4 GB, later I will most probably change it to 8 GB.
I have 4 CPU's, do I have to change the number of processors to 4 ?

 

Glad you found it! I'd suggest not to change the number of processors more than "2" for better performance.