Installing Word Addin GP, upgrade patch cannot be installed error

Switching on msi logging reveals the following extract form the log file:

MSI (c) (68:F8) [12:44:21:188]: Full optimizations are not possible in the patch sequencer because new patch[es] had been added in the current transaction.
MSI (c) (68:F8) [12:44:21:188]: Applicability checks need to be performed in this transaction because new, 3.0 minor update patch[es] have been provided.
MSI (c) (68:F8) [12:44:21:188]: PATCH SEQUENCER: verifying the applicability of minor upgrade patch {02407063-1528-1528-0000-DAC200E38416} against product code: {8A2F471F-31D3-4EAA-BE51-010078236C4C}, product version: 11.00.1269.000, product language 1033 and upgrade code: {DB086C81-9D50-4B21-80A0-DAC200E38416}
MSI (c) (68:F8) [12:44:21:188]: Validating transform 'RTM.1' with validation bits 0x921
MSI (c) (68:F8) [12:44:21:188]: Transform 'RTM.1' is valid.
MSI (c) (68:F8) [12:44:21:188]: Note: 1: 2262 2: _Tables 3: -2147287038 
MSI (c) (68:F8) [12:44:21:188]: Note: 1: 2262 2: _Columns 3: -2147287038 
MSI (c) (68:F8) [12:44:21:188]: PATCH SEQUENCER: minor upgrade patch {02407063-1528-1528-0000-DAC200E38416} is applicable.
MSI (c) (68:F8) [12:44:21:188]: PATCH SEQUENCER: verifying the applicability of minor upgrade patch \\{install Location}\SWDistbn\GP2015\MDGP2015_R2_DVD_ENUS\AdProd\BITemplateMapping\Bin\Updates\MicrosoftDynamicsGP14-BITemplateMapping-KB3063085-ENU.msp against product code: {8A2F471F-31D3-4EAA-BE51-010078236C4C}, product version: 11.00.1269.000, product language 1033 and upgrade code: {DB086C81-9D50-4B21-80A0-DAC200E38416}
MSI (c) (68:F8) [12:44:21:188]: Validating transform 'RTM.1' with validation bits 0x921
MSI (c) (68:F8) [12:44:21:188]: Note: 1: 2749 2: RTM.1 3: C:\Users\{user}\AppData\Local\Temp\e702854.msp 4: 14.00.0532.000 5: 11.00.1269.000 
MSI (c) (68:F8) [12:44:21:188]: 1: 2749 2: RTM.1 3: C:\Users\{user}\AppData\Local\Temp\e702854.msp 4: 14.00.0532.000 5: 11.00.1269.000 
MSI (c) (68:F8) [12:44:21:188]: PATCH SEQUENCER: minor upgrade patch \\{install Location}\SWDistbn\GP2015\MDGP2015_R2_DVD_ENUS\AdProd\BITemplateMapping\Bin\Updates\MicrosoftDynamicsGP14-BITemplateMapping-KB3063085-ENU.msp is not applicable.
MSI (c) (68:F8) [12:44:21:188]: The #_QFESequence table with patches sorted on Sequence within Patch Families:
MSI (c) (68:F8) [12:44:21:188]: PatchGUID: {02407063-1528-1528-0000-DAC200E38416}    PatchFamily: BIPatch11    Sequence: 11.0.1528.0    SequenceOrder: 0    Type: minor upgrade
MSI (c) (68:F8) [12:44:21:188]: PATCH SEQUENCER: minor upgrade patch {02407063-1528-1528-0000-DAC200E38416} cannot be superseded because there is no supersedence defined in BIPatch11 family yet for this type
MSI (c) (68:F8) [12:44:21:188]: PATCH SEQUENCER: minor upgrade patch {02407063-1528-1528-0000-DAC200E38416} will attempt to supersede in BIPatch11 family, starting from sequence 11.0.1528.0
MSI (c) (68:F8) [12:44:21:188]: SequencePatches returns success.
MSI (c) (68:F8) [12:44:21:188]: Final Patch Application Order:
MSI (c) (68:F8) [12:44:21:188]: {02407063-1528-1528-0000-DAC200E38416} - 
MSI (c) (68:F8) [12:44:21:188]: Other Patches:
MSI (c) (68:F8) [12:44:21:188]: Unknown\Absent: {03063085-0726-0726-0000-DAC200E38416} - \\{install Location}\SWDistbn\GP2015\MDGP2015_R2_DVD_ENUS\AdProd\BITemplateMapping\Bin\Updates\MicrosoftDynamicsGP14-BITemplateMapping-KB3063085-ENU.msp
The upgrade cannot be installed by the Windows Installer service because the program to be upgraded may be missing, or the upgrade may update a different version of the program. Verify that the program to be upgraded exists on your computer and that you have the correct upgrade.
C:\Windows\Installer\312c991d.msi

Version 14.00.0804 GP 2015 R2 with hotfix GP14-KB3080334-ENU.msp

I have a feeling that it might be this hot fix that is preventing the word addin installer from running?

Has anyone any experience of this?