Premiere Elements 11 crashes upon opening a project file

Dear All,

I used the Premiere Elements for about five years but over this week I simply couldn't start working with it as it won't open.

I use a PC with Windows 10 and had no issues at all with the Premiere Elements 11 until now. (Photoshop Elements 11 continues to work without issues on the PC.)

I received the following log at the Windows Event Viewer:

Faulting application name: Adobe Premiere Elements.exe, version: 11.0.0.0, time stamp: 0x505bd85a

Faulting module name: dvacore.dll, version: 11.0.0.0, time stamp: 0x505b9ba4

Exception code: 0xc00000fd

Fault offset: 0x00000000000e0dfb

Faulting process ID: 0xa10

Faulting application start time: 0x01d2e7336fe43ed0

Faulting application path: C:\Program Files\Adobe\Adobe Premiere Elements 11\Adobe Premiere Elements.exe

Faulting module path: C:\Program Files\Adobe\Adobe Premiere Elements 11\dvacore.dll

Report ID: 4c98ea06-f9f8-448a-984c-d126b0d768a0

Faulting package full name:

Faulting package-relative application ID:

I look forward receiving any suggestions so that I could continue working on my projects.