As with any type of operation in which you stand to lose your data, make sure you have a good backup first. I've copied my Virtual Disk Image file into a temporary folder before performing these steps.
1. Choose Import Machine to start the VMWare Converter Import Wizard.
2. Select the option for Standalone virtual machine, backup or disk image. If the image is from ESX Server or VMWare VirtualCenter select the option ESX server or VirtualCenter virtual machine.
3. Select the image to be re-sized.
4. Click the drop-down arrow under New Disk Space and enter the new disk size for the image.
9. Next you are able to perform some customizations on the new image if you choose. If you don't want to do this at this time just click Next.
10. The creation of the new image will begin, this process may take some time depending on what size you set for your new image.
11. Once the new image has been created I perform a shrink to reduce it to the size that it currently occupies with data.That's all there is to shrinking a VMWare Virtual Disk Image to a new size.



