HTTP error 500.21, error code 0x8007000d

Errors and Error Messages
Q. What is the cause of this error when trying to load my local Easy Projects instance?

Error Summary
HTTP Error 500.21 – Internal Server Error
Handler "svc-Integrated" has a bad module "ManagedPipelineHandler" in its module list
Error Code    0x8007000d

A. Here is the solution:

Open the command prompt on the server and run the following command:
%windir%\Microsoft.NET\Framework\v4.0.30319\aspnet_regiis.exe -i