Erros ao Rodar projeto em Angular 4.2

Olá pessoal,
Peguei um projeto em Angular para dar manutenção, porém esta na versão do Angular CLI 4.2
Meu sistema esta com as versões de Node, Typescript e ANgular cli nas seguintes versões:
Angular CLI: 10.0.6
Node: 12.18.3
Typescript: Version 3.9.7
OS: win32 x64

Meu projeto esta com as versões:

D:\VSTS\ASMS\ASMS.Angular4.2>ng --version
Your global Angular CLI version (10.0.6) is greater than your local
version (1.3.0). The local Angular CLI version is used.

To disable this warning use "ng config -g cli.warnings.versionMismatch false".
_ _ ____ _ ___
/ \ _ __ __ _ _ _| | __ _ _ __ / ___| | |_ _|
/ △ \ | '_ \ / _` | | | | |/ _` | '__| | | | | | |
/ ___ \| | | | (_| | |_| | | (_| | | | |___| |___ | |
/_/ \_\_| |_|\__, |\__,_|_|\__,_|_| \____|_____|___|
|___/
@angular/cli: 1.3.0
node: 12.18.3
os: win32 x64
@angular/animations: 4.4.7
@angular/cdk: 2.0.0-beta.12
@angular/common: 4.4.7
@angular/compiler: 4.4.7
@angular/core: 4.4.7
@angular/forms: 4.4.7
@angular/http: 4.4.7
@angular/material: 2.0.0-beta.12
@angular/platform-browser: 4.4.7
@angular/platform-browser-dynamic: 4.4.7
@angular/router: 4.4.7
@angular/cli: 1.3.0
@angular/compiler-cli: 4.4.7
@angular/language-service: 4.4.7

Ao tentar rodar o projeto está me retornando os seguintes erros:

D:\VSTS\ASMS\ASMS.Angular4.2>ng serve
Your global Angular CLI version (10.0.6) is greater than your local
version (1.3.0). The local Angular CLI version is used.

To disable this warning use "ng config -g cli.warnings.versionMismatch false".
ENOENT: no such file or directory, stat 'D:\VSTS\ASMS\ASMS.Angular4.2\src\tsconfig.app.json'
Error: ENOENT: no such file or directory, stat 'D:\VSTS\ASMS\ASMS.Angular4.2\src\tsconfig.app.json'
at Object.statSync (fs.js:1016:3)
at AotPlugin._setupOptions (D:\VSTS\ASMS\ASMS.Angular4.2\node_modules\@ngtools\webpack\src\plugin.js:62:16)
at new AotPlugin (D:\VSTS\ASMS\ASMS.Angular4.2\node_modules\@ngtools\webpack\src\plugin.js:27:14)
at _createAotPlugin (D:\VSTS\ASMS\ASMS.Angular4.2\node_modules\@angular\cli\models\webpack-configs\typescript.js:55:12)
at Object.exports.getNonAotConfig (D:\VSTS\ASMS\ASMS.Angular4.2\node_modules\@angular\cli\models\webpack-configs\typescript.js:71:19)
at NgCliWebpackConfig.buildConfig (D:\VSTS\ASMS\ASMS.Angular4.2\node_modules\@angular\cli\models\webpack-config.js:29:37)
at Class.run (D:\VSTS\ASMS\ASMS.Angular4.2\node_modules\@angular\cli\tasks\serve.js:43:98)
at D:\VSTS\ASMS\ASMS.Angular4.2\node_modules\@angular\cli\commands\serve.js:114:26


Não tenho experiência em Angular, por isso não tenho idéia de como resolver estes erros.

Algu~em tem idéia de que devo fazer?