I get this error when I try to load a VS 2008 project from TFS source control:
The project file has been moved, renamed or is not on your computer
What typically helps to fix it is deleting the Solution User Options aka "SUO".
VS up to 2013
In the older VS it is stored as a "hidden" SolutionName.suo in the same folder as the main .sln file.
VS2015 or later
In VS2015 the same data was moved to a "hidden" .vs folder under the same folder as the main .sln file.