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General consensus is to avoid using SW to OC, it's way better to do it in BIOS. OC software like any other SW is prone to errors and general misbehaving. My advice is always to familiarize yourself with BIOS functions first and to make sure that CMOS/BIOS reset button or pins are accessible and you know their location, you are going to need it to reset to factory defaults in case some settings are not right and it will not boot to BIOS screen.
Simplest CPU OC usually consists of only few steps. raise CPU multiplier for higher frequency, ad appropriate voltage to it and it should speed up. Turn off all Turbo and power saving modes as they can interfere with OC process, some of them could be reinstated after quality OC is achieved.
Other consideration is CPU and all round cooling. When you OC, CPU and other components like VRM and chipset also receive higher voltage and power and are prone to higher temperatures so proper cooling is a must. Factory coolers are calculated for normal use under normal clocks and voltages under full turbo boost but not much more and heat is your worst "enemy".
Last but not least is "silicone lottery" for all chips, not all are made equal even with same models.
Patience and constant checking while going up in smallest steps is the main key and may be a long process.
I agree with most of what @CountMike says. Take the time to learn your BIOS and learn what the settings are and what they do. never use software to overclock, and realize there is always a risk of hardware failure when overclocking. I would second his suggestion of cooling. The stock coolers will not be sufficient. Overclocking causes excessive heat and you must be able to remove that heat. The stock coolers will not do that.
Hi,
You can get a walk through of your bios off this video but notice he has a nice oc mother board top of the line
Your mother board is more of an entry level so temps will be more extreme on
The saying goes
If you can't afford to replace it don't overclock it
Check out this forum:
http://www.overclock.net/forum/index.php