I have this error when configuring continuous integration in TFS server, but found the answer already. Maybe this will help others:
The imported project \"C:
I saw the same error when setting up continuous integration with Jenkins. I was able to add a command-line argument to MSBUILD: /p:VisualStudioVersion=12.0 because I had Visual Studio 2012 installed on my build server.
/p:VisualStudioVersion=12.0