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Debug,simulate assembly code in CCSv5

Hi

I am new with CCSv5

I want to simulate assembly codes for TMS320C54x in CCSv5. I successfully built the assembly code. Now I am stuck with debug section. Whenever I click on debug button, it is showing me "Unable to launch CCS debug session based on current selection. The specified file "some_folder_path\NewTargetConfiguration.ccxml""

some_folder_path is the my old project path which does not exist now. I deleted that folder. Now I am working on different project but still it is showing older path and file missing error.