Meaning: The software could not place the hole feature on the part because it: could not set the feature contour, could not get the correct part, or it could not set up the cut operation.
Recovery: Verify that you have permission to edit the structural object. If you do have permission to edit the structural object, then:
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Set the Locate Filter to Holes.
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Select the hole in error.
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Click Sketch on the ribbon.
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Click Sketch 2D on the ribbon.
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Re-sketch the hole in the 2D environment.
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Click Finish in the 2D environment.
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Click Finish on the ribbon.