Your machine isn't powerful enough to do what you try to.
According to the log, the QSV encoder on your CPU needs 148-229 ms to encode one 1920x1080 video frame. 229 ms is about 4 frames a second. If you change the fps to 4 in Settings->Video, you will get a video, but it will of course look like a slideshow.
You can also reduce the output size in Settings->Video and get higher fps. 4 fps with 1920x1080 means, the encoder can encode 4 * 1920*1080 = 8294400 pixels in one second. How many pixels per frame can it encode with 30 fps? It's 8294400 / 30 = 276480 pixels. Which resolution produces 276480 pixels per frame? It's about 640x360 or 360p.
So, in Settings->Video set 640x360 as output resolution, 1600x900 as canvas size (that's your monitor size), along with 30 fps, and you will get a viable 30 fps video.
