After downloading the files from Microsoft, convert the files to a format that Parallels can import. We use prl_convert executable within the Parallels application in OSx. You will need to change directory into the application's directory and provide the path to the vhd file.
/Applications/Parallels\ Desktop.app/Contents/MacOS/prl_convert /Volumes/My\ Book/AX2012R3A\ 2/Virtual\ Hard\ Disks/AX2012R3A_OS.vhd
Do the same for the second hard drive file from Microsoft.
Create a new VM in Parallels: Name it whatever you like, no limit on resources, 2 vCPUs, 12196 MB memory (ideally 16GB), do not optimize for games, do not share file paths, do not share applications, do not share printers. In other words, turn off the features which could take extra processing power.
Networking
Network 1 should be the default adapter
Network 2 (add one!) should be a Host-Only network
Hard Disks
Point to the hard disk files you converted earlier:
Make sure boot order starts with Hard Disk 1 then boot the system!
Configure the VM
Set a static IP address and DNS server on the adapter which has a 10.* IP address.
Add the following IP addresses as IP addresses on the other adapter:
- 10.20.12.110
- 10.20.12.111
- 10.20.12.112
- 10.20.12.113
- 10.20.12.114
- 10.20.12.120
- 10.20.12.121
Then run iisreset or reboot the VM.
Edit hosts file, as needed.
Notes
It is no longer necessary to run C:\setnetworkip.batAs reference, you can see how the VM would be set up in VirtualBox - https://www.youtube.com/watch?v=klV6qh211EI