I successfully was building Boost.Python extensions using bjam version 1 in Boost 1.33.1. Since the upgrade, I converted my Jamfile to Jamfile.v2 and am getting the following errors when I try to build: bjam -sTOOLS=vc-8_0 -sBOOST_ROOT=C:\3rdparty\boost_1_34_0 -sBUILD=debug error: Could not find parent for project at '.' error: Did not find Jamfile or project-root.jam in any parent directory. Here's my Jamfile: # This is the top of our own project tree project-root ; import python ; extension MyLib # Declare a Python extension : MyLib.cpp # source # requirements and dependencies for Boost.Python extensions <template>@boost/libs/python/build/extension ## Requirements ## : <include>$(MyDir)/Include <define>_ATL_DLL <define>_AFXDLL <define>_UNICODE <define>UNICODE <runtime-link>dynamic ; -------------------------------- Here's my Jamrules: path-global BOOST_ROOT : C:/3rdparty/boost_1_34_0 ; project boost : $(BOOST_ROOT) ; -------------------------------- Any idea how to correct this? Thanks in advance, Lawrence