How to install Outlook PIA (Outlook Interoperability Support)

Following information is copied and reworded from

http://msdn.microsoft.com/en-us/library/kh3965hw.aspx

You can install the complete set of Outlook Interoperability support

You must be an administrator on the computer to install the .NET Framework and the Office Interoperability support

To install the PIAs when you install Office

To install the PIAs by using the redistributable package