TDA4AL-Q1: [IFV700] CSS error while running RTOS

Hello TI`Team,

I am using RTOS SDK: ti-processor-sdk-rtos-j721s2-evm-08_06_01_03.

I am able to build PDK and trying run the output on J721S2_EVM using CCS IDE.

I could follow the CCS IDE related steps from following link:

https://software-dl.ti.com/jacinto7/esd/processor-sdk-rtos-j721s2/08_06_01_03/exports/docs/pdk_j721s2_08_06_01_03/docs/userguide/j721s2/ccs_setup_j721s2.html

But unfortunately post execution of 'launch.js' I am getting some initialization error as follows:

I have added the steps I have followed in the following Document for your reference.
RTOS_build_preperation_E2E.docx

Request your suggestions.

Also why it need to select - SMS_TIFSM --> CORTEX_M4F_0 in Target configuration setting looks confusing.