diff --git a/tools/plugins/com.liferay.ide.project.core/src/com/liferay/ide/project/core/modules/ProjectTemplateNameValidationService.java b/tools/plugins/com.liferay.ide.project.core/src/com/liferay/ide/project/core/modules/ProjectTemplateNameValidationService.java
index 04b23a224a..707a5654e3 100644
--- a/tools/plugins/com.liferay.ide.project.core/src/com/liferay/ide/project/core/modules/ProjectTemplateNameValidationService.java
+++ b/tools/plugins/com.liferay.ide.project.core/src/com/liferay/ide/project/core/modules/ProjectTemplateNameValidationService.java
@@ -81,8 +81,6 @@ protected Status compute() {
 
 		String liferayVersionString = get(op.getLiferayVersion());
 
-		Version liferayVersion = new Version(CoreUtil.parseVersion(liferayVersionString));
-
 		ReleaseEntry releaseEntry = ReleaseUtil.getReleaseEntry(liferayWorkspaceProject.getTargetPlatformVersion());
 
 		if (releaseEntry != null) {
@@ -97,6 +95,8 @@ protected Status compute() {
 					"import here.");
 		}
 
+		Version liferayVersion = new Version(CoreUtil.parseVersion(liferayVersionString));
+
 		if (projectTemplateName.startsWith("form-field")) {
 			NewLiferayProjectProvider<BaseModuleOp> newLiferayProjectProvider = get(op.getProjectProvider());