Component of the virtual machine is not accessible on the host when converting a template to a virtual machine

I was recently converting a template to a virtual machine for configuration when on performing the action to convert the template to a virtual machine using the vSphere Web Client I received the following error message: A component of the virtual machine is not accessible on the host. The cause of the above issue was … More Component of the virtual machine is not accessible on the host when converting a template to a virtual machine