This message is displayed when you click the ellipsis button of a field whose value you want to choose from the list of available values is one of the required fields of the Template Editor dialog and is empty.
Specify the required value:
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To select a project from the Project list, specify the Connection to your issue-tracking system.
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To select an item type from the Item Type list, specify the Connection and the Project.
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To select an existing item from the Item Id list, specify the Connection, the Project and the Item Type.