There is no pegged requirement for planned order &1

What causes this issue?

Planned order &V1& is to be procured by direct production/direct
procurement. The pegged requirement of the planned order is dependent
requirement or reservation &V2&/&V3&. When this requirement is read,
however, the system cannot find a corresponding dependent requirement
or reservation.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check the pegged requirement explosion level of planned order &V1&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.