Exception message Invalid field name

This and the following step is often missed out in other articles but cause problems if I try to create custom list definitions that include the managed metadata column. The specific error message I get is:
Error – Failed to get value of the “{0}” column from the “Managed Metadata” field type control. See details in log. Exception message: Invalid field name. {00000000-0000-0000-0000-000000000000}:
How can I resolve this problem? Have any idea then deliver it to me. Thanks in advance.
I recently came across an issue on a client site and on the Project Server forums with creating a new Portfolio Analysis, clicking the new button threw the error below. I am looking for an expert’s advice to fix this issue. Any idea would be greatly appreciated. Thanks in advance.

Error:
Error.
Failed to get value of the “Regional Office” column from the “Managed Metdata” field type contol. See details in log.
Exception message: Invalid field name. {00000000-0000-0000-0000-00000000}
http://teams/sites/another/sites/another/RegionalDocumentLibrary.
Troubleshoot issue with Microsoft SharePoint Foundation.
Correlation ID: f674af4c-4556-4187-a225-95d8d3657099
Date and Time:3/2/2011 12:47:43 AM
