Quick observations
11:27:38.627: CPU Name: AMD Ryzen 5 7520U with Radeon Graphics
11:27:38.627: Physical Memory: 15605MB Total, 7849MB Free
You have an under--powered computer (optimized for low power, long battery life - the U in the CPU model name) - beware thermal throttling (model specific, so up to you to research for your specific system and how to identify thermal throttling)
8GB RAM in on the low end, so beware RAM contention... I'd recommend doing basic hardware resource monitoring you probably need to minimize background processes to try an optimize OS
11:27:38.628: Sec. Software Status:
11:27:38.629: McAfee: enabled (AV)
11:27:38.629: Microsoft Defender Antivirus: disabled (AV)
11:27:38.629: McAfee: enabled (FW)
11:27:38.629: Windows Firewall: enabled (FW)
I don't know which version of McAfee you are running, nor with what settings, so up to you to research and make sure it isn't a bottleneck for real-time video encoding
11:27:39.192: video settings reset:
11:27:39.192: base resolution: 1920x1080
11:27:39.192: output resolution: 1920x1080
11:27:39.192: downscale filter: Bicubic
11:27:39.192: fps: 60/1
11:27:39.192: format: NV12
11:27:39.192: YUV mode: Rec. 709/Partial
I'd start troubleshooting with dropping to 30fps... get that working, with plenty spare hardware resource headroom before considering going to 60fps
11:27:39.491: - scene 'Scene':
11:27:39.491: - source: 'Display Capture' (monitor_capture)
11:27:39.491: - source: 'Audio Input Capture' (wasapi_input_capture)
11:27:39.491: - filter: 'Noise Suppression' (noise_suppress_filter_v2)
11:27:39.491: - filter: 'Gain' (gain_filter)
11:27:39.491: - filter: '3-Band Equalizer' (basic_eq_filter)
11:27:39.491: - filter: 'Expander' (expander_filter)
11:27:39.491: - filter: 'Compressor' (compressor_filter)
11:27:39.491: - filter: 'Limiter' (limiter_filter)
11:27:39.491: - filter: 'Noise Gate' (noise_gate_filter)
11:27:39.491: - source: 'Audio Output Capture' (wasapi_output_capture)
All of those Filters use the CPU... and yours, being a U model, may be overloaded. You'd have to check is CPU maxed out. If yes CPU pegged at/near 100%, probably best to check after making each adjustment (ie, do step 1, test, continue to next step as required)
1. optimize Operating System (eliminate all unnecessary background processes)
2. then drop FPS to 30
3. then eliminate these filters...
11:27:39.603: WASAPI: Device 'Headphones (Realtek(R) Audio)' [48000 Hz] initialized (source: Desktop Audio)
11:27:39.624: WASAPI: Device 'Headphones (Realtek(R) Audio)' [48000 Hz] initialized (source: Audio Output Capture)
11:27:39.736: WASAPI: Device 'Microphone (2- ME6S)' [96000 Hz] initialized (source: Mic/Aux)
11:27:39.739: WASAPI: Device 'Microphone (2- ME6S)' [96000 Hz] initialized (source: Audio Input Capture)
Best, especially for an under-powered system, to NOT have mismatched audio device sampling rates. Possibly a good idea to drop Device 'Microphone (2- ME6S)' to 48000 Hz