Hi Vasantha11,
It looks like the target has plenty of free memory (40%) so this may be tied to a connection issue. Please ensure the USB cable is properly connected, and then try to deploy a blank RT VI to see if that works, and if so work on deploying increasingly larger pieces of your project.
I'd also recommend checking the Academic products discussion forum in case it's something other myRIO users have seen, or if you're in a time crunch, contact Applications Engineering at ni.com/support.
Best,
Deborah
Deborah Burke
NI Hardware and Drivers Product Manager
Certified LabVIEW Architect