Exchange Server setup may fail with an error message:
Service ‘WMSVC’ failed to reach status ‘Running’ on this server.
In the Exchange setup log file you may see the following lines:
Current service status query time is '10/26/2015 3:11:17 PM'. Will wait '25000' milliseconds for the service 'WMSVC' to reach status 'Running'. Service 'WMSVC' failed to reach status 'Running' on this server after waiting for '25000' milliseconds.  [WARNING] Service checkpoint has not progressed. Previous checkpoint='0'- Current checkpoint='0'.
In the Application event log of the server Event ID 1007 may appear:
Log Name: Application Source: Microsoft-Windows-IIS-IISManager Date: 10/26/2015 3:00:54 PM Event ID: 1007 Description: The following information was included with the event: IISWMSVC_STARTUP_UNABLE_TO_READ_CERTIFICATE Unable to read the certificate with thumbprint '7557c2f111b0448b6c90f491cb92e9e7e401089a'. Please make sure the SSL certificate exists and that is correctly configured in the Management Service page. Process:WMSvc User=NT AUTHORITY\LOCAL SERVICE
A common cause of this problem is that the WMSVC certificate has been deleted from the certificate store on the server. The certificate can be recreated to resolve the issue.
Open IIS Manager on the server. Select the server name and then open Server Certificates.
In the actions pane click Create Self-Signed Certificate.
Name the certificate “WMSVC” and complete the creation of the self-signed certificate.
Next, open Management Service.
Select the self-signed certificate that you just created, and apply the change.
You should now be able to start the management service.
Restart Exchange setup and it should proceed past this step and complete successfully.