Dependency feature 'PPSSiteCollectionMaster' for feature 'PPSSiteMaster' is not activated at this scope.

I was trying to create a new sub site under my site collection while working with Sharepoint 2013 and I got the below error message.

Dependency feature 'PPSSiteCollectionMaster' (id: a1cb5b7f-e5e9-421b-915f-bf519b0760ef) for feature
'PPSSiteMaster' (id:0b07a7f4-8bb8-4ec0-a31b-115732b9584d) is not activated at this scope.
[Cannot provision site: http://servername/sites/site1]

Solution:
1. Go Site Actions -> Site Settings ->Site Collection Administration ->Site collection features ->       PerformancePoint Services Site Collection Features  -> Activate

2. Go Site Actions -> Site Settings ->Site Actions ->Manage site features -> PerformancePoint Services Site Features -> Activate