This is from the vmware-dr-xxx.log file:
Section for VMware vCenter Site Recovery Manager, pid=2172, version=5.0.0, build=build-474459, option=Release
2012-03-07T08:55:52.207-05:00 [02176 info 'Default'] Initialized channel manager
2012-03-07T08:55:52.207-05:00 [02176 info 'Default'] Current working directory: C:\Program Files (x86)\VMware\VMware vCenter Site Recovery Manager\bin
2012-03-07T08:55:52.208-05:00 [02176 verbose 'ThreadPool'] TaskMax=200, IoMin=1, IoMax=401
2012-03-07T08:55:52.209-05:00 [02176 verbose 'ThreadPool'] Setting COM threading model to MTA
2012-03-07T08:55:52.321-05:00 [02176 warning 'Vdb'] Execute - SQL execution failed: SELECT * FROM VPX_VERSION
2012-03-07T08:55:52.321-05:00 [02176 warning 'Vdb'] Execute - Bind parameters:
2012-03-07T08:55:52.321-05:00 [02176 warning 'Vdb'] Execute - ODBC Error: "ODBC error: (42S02) - [Microsoft][SQL Server Native Client 10.0][SQL Server]Invalid object name 'VPX_VERSION'." is returned when executing SQL statement "SELECT * FROM VPX_VERSION"
2012-03-07T08:55:52.334-05:00 [02176 warning 'Vdb'] Backtrace:
--> backtrace[00] rip 00f4a9ed (no symbol)
--> backtrace[01] rip 00e9aa84 (no symbol)
--> backtrace[02] rip 00e9aff7 (no symbol)
--> backtrace[03] rip 00263962 (no symbol)
--> backtrace[04] rip 00263b04 (no symbol)
--> backtrace[05] rip 00405edc (no symbol)
--> backtrace[06] rip 0040752f (no symbol)
--> backtrace[07] rip 00428b64 (no symbol)
--> backtrace[08] rip 7586339a (no symbol)
--> backtrace[09] rip 76fb9ed2 (no symbol)
--> backtrace[10] rip 76fb9ea5 (no symbol)
-->
2012-03-07T08:55:52.334-05:00 [02176 error 'Vdb'] VdbStatement::Execute(): Failed: "ODBC error: (42S02) - [Microsoft][SQL Server Native Client 10.0][SQL Server]Invalid object name 'VPX_VERSION'." is returned when executing SQL statement "SELECT * FROM VPX_VERSION"