"Value cannot be null" error is reported when initiating new active directory synchronization project via launchpad (4249449)

Starting a new Active Directory synchronization project via Identity Manager Launchpad | "Installation overview" | "Target system type Active Directory" results in "Value cannot be null" error. 

Error message:
Parameter name: ofPage
at VI.Projector.UI.Dialogs.SystemConnectDialog.OnLoad(EventArgs e)
at VI.Projector.UI.Dialogs.SystemConnectDialog._HostConnectControl(ProjectorUIElementInfo elementInfo)
at VI.Projector.ADS.UI.WizardV2.ADv2Wizard.OnInit()
at VI.Controls.Wizard.Wizard.Next()
at VI.Controls.Wizard.WizardPageNavigator.GetNextPage(WizardPage ofPage, WizardPage defaultPage)

WORKAROUND:

Initiate new Active Director synchronization project via Synchronization Editor. 

STATUS:

Issue will be fixed in 7.0.1. The latest version of Identity Manager can be downloaded here.