Oracle Web ADI : Run-time error ‘1004’ Opening WebADI Spreadsheet

While downloading Web ADI spreadsheet first time, you may get this error

Run-time error ‘1004’: 

Method ‘VBProject’ of object ‘_Workbook’ failed

In Excel 2003, go to “Tools” > “Macro” > “Security” and select the “Trusted Sources” tab.  Check the box next to “Trust access to Visual Basic Project”.

(Note: The box for “Trust all installed add-ins and templates” should also be checked.)

In Excel 2007, use the following navigation:

• Click on the Office button in the upper left corner
• Click on the Excel Options button
• On the left, click on the Trust Center
• Click on the Trust Center Settings button
• On the left, click on Macro Settings
• Click on “Trust access to the VBA project object model”