edit your project using an xml editor
i usually unload the project, right click on it and select edit
add the qt version you wish to use (for me it's):
Keyword="Qt4VSv1.0"
and the following globals
<Global
Name="lupdateOnBuild"
Value="0"
/>
<Global
Name="MocDir"
Value=".\GeneratedFiles\$(ConfigurationName)"
/>
<Global
Name="MocOptions"
Value=""
/>
<Global
Name="QtVersion Win32"
Value="QT 4.5.3"
/>
<Global
Name="RccDir"
Value=".\GeneratedFiles"
/>
<Global
Name="UicDir"
Value=".\GeneratedFiles"
/>
reload the project and fiddle with "convert project to QMake generated project" and it should work