Resolving “The SDK 'Microsoft.NET.Sdk.Web' specified could not be found”

While using .NET Core 2.0 you may run into errors which may not be clear. “The SDK 'Microsoft.NET.Sdk.Web' specified could not be found.” is one such error which appears, when trying to load .NET Core 2.0 Web projects, and Let’s understand the reason behind this error to get it resolved.

Resolve MSB4019: The imported project "C:\Program Files\dotnet\sdk\1.0.0-rc4-004771\Microsoft\VisualStudio\v14.0\DotNet\Microsoft.DotNet.Props" was not found or Unable to start the process. No executable found matching command "dotnet-projectmodel-server"

You might encounter compilation error in Visual Studio 2015 when a new .NET Core 1 web app is created, if you have installed Visual Studio 2017 (RC as of now). When a new .NET Core 1 web application is created/opened in Visual Studio 2015, with the project template you get with .NET Core 1.0.1 tools Preview 2, while having ".NET Core cross-platform development" for Visual Studio 2017 in your machine, you might see below error prompted.
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Microsoft Visual Studio
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The following error occurred attempting to run the project model server process (1.0.0-rc4-004771).
Unable to start the process. No executable found matching command "dotnet-projectmodel-server"
The project model server process provides intellisense, build, and reference information to Visual Studio and without it your experience will be very limited. Please try closing and reopening Visual Studio to see if that corrects the problem. Alternatively, check that the .NET Core SDK is properly installed.
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OK  
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When attempt to compile the solution you may encounter a compilation error below.
WebApp.xproj(7,3): error MSB4019: The imported project "C:\Program Files\dotnet\sdk\1.0.0-rc4-004771\Microsoft\VisualStudio\v14.0\DotNet\Microsoft.DotNet.Props" was not found. Confirm that the path in the <Import> declaration is correct, and that the file exists on disk.