Error: The uploaded file has reached the preset parameter value upload_max_filesize
If you getting the above following error while upload any file or image or media file from wordpress then do the folloing things.
1) create php.ini under your home directory and past the following value.
upload_max_filesize = 10M
post_max_size = 20M
OR you also can set his value in .htaccess, if you are using .htaccess then you can use the following.
php_value upload_max_filesize 10M
php_value post_max_size 20M

2) If still you face the same problem then you should add the following line in your wp-config.php
define(‘WP_MEMORY_LIMIT’, ’64M’);

Now if you again try to upload you will not face the issue. 😀