@Ravi Beniwal, I have the same problem, VIPM reports that missing dependency for me too. If it isn't required could it be removed ? If it is required could it be included ? I suspect it is included in version 1.7.028 which does not report the error.
I spent(wasted !) time looking for the dependency and downloading it, only to realise it might not be needed as it launches OK from the LV IDE menu Tools\LabVIEW Task Maanger....
Peter