Titanium Studio Run Icon Disabled

I have import a Titanium project from Gtihub into Titanium studio, after the import Run Icon was disabled.

Refer this screen1

Now I can't able to run this project in in simulator or device. Because the Run icon was disabled.

In my tiapp.xml I have added iphone and android in deployment targets, even though Run icon was disabled.

Refer this screen2

Thanks in Advance