Model not found in context: job

Product:
Cognos Controller 8.5

Symptom:
Error message when using the Cognos Controller program

Error:
Model not found in context: job
Unable to find instance of model of type: job, type interface com.cognos.ccr.models.job.JobModel (load=LAST)
exceptionId=ERR.ANY:WEBSERIVCECONNECTIONEXCEPTION.CANNOT_EXECUTE_SERVICE, argument(s)=[http://localhost/cognos8/controllerserver/CCRWS.asmx, 010:608b9fd0-fc2b-11de-9650-d3922c4dc45a:1756974638]
FAIL: Message: ActiveX component can’t create object Source: FrJavaProxyB

Cause:
One possible cause can be that The Visual C++ 2005 package is not installed on the Cognos Controller application server.

Solution:
Install VC++2005 redistributable package on the Cognos Controller application server.
Reinstall Cognos Controller on the server.

Download vcredist_x86.exe from here
http://www.microsoft.com/downloads/en/details.aspx?FamilyID=32bc1bee-a3f9-4c13-9c99-220b62a191ee&displaylang=en