1. Adjust the VMWare memory allocation to a lesser value. Closing the VMWare will not commit the changes on the memory allocation till you shutdown the VM itself. This is the problem, you cannot shutdown the VM unless you can start it.
2. To workaround this problem, go to the folder where the VM file reside and delete the .VMSS file. Open your VM , by then the memory allocation had been applied and the memory allocation problem is resolved.