TTP v8.0.4 Volume Rebuild "Insufficient Work Space To Continue"

Hey There

I recently updated TTP to v8.0.4, and ever since then, when I try to do a Volume Rebuild, I get the following error message:

Rebuild Error Encountered
Insufficient Work Space To Continue

I'm running the following:

OS X El Capitan
Version 10.11.5

MacBook Pro (15-Inch, Mid 2012)
Processor 2.7 GHz Intel Core i7
Memory 8GB 1600 MHz DDR3

Thanks for your time!