diff --git a/npm-shrinkwrap.json b/npm-shrinkwrap.json
index 815bec64..272808d5 100644
--- a/npm-shrinkwrap.json
+++ b/npm-shrinkwrap.json
@@ -12,7 +12,7 @@
 				"@ui5/builder": "^3.0.9",
 				"@ui5/fs": "^3.0.4",
 				"@ui5/logger": "^3.0.0",
-				"@ui5/project": "^3.6.0",
+				"@ui5/project": "^3.7.0",
 				"@ui5/server": "^3.1.3",
 				"chalk": "^5.3.0",
 				"data-with-position": "^0.5.0",
@@ -1329,9 +1329,9 @@
 			}
 		},
 		"node_modules/@ui5/project": {
-			"version": "3.6.0",
-			"resolved": "https://registry.npmjs.org/@ui5/project/-/project-3.6.0.tgz",
-			"integrity": "sha512-5A2nxPeRVYP5j1j9fVbGY5gkkdyf7xdDz3X4PRrl482MIZl5/X5YvnKhxYHRfzkmbzWVVxl7aitOQQrOymaoJw==",
+			"version": "3.7.0",
+			"resolved": "https://registry.npmjs.org/@ui5/project/-/project-3.7.0.tgz",
+			"integrity": "sha512-Qyz70vxcxdFjxENIOH1eswskZA80WTcIvus9gMhtFP+Iuc6lUbc4HVVaiNuT6tb72bOUsi/tv7Z83tnvg58Bdw==",
 			"dependencies": {
 				"@npmcli/config": "^6.2.1",
 				"@ui5/builder": "^3.0.9",
@@ -1349,8 +1349,8 @@
 				"node-stream-zip": "^1.15.0",
 				"pacote": "^15.2.0",
 				"pretty-hrtime": "^1.0.3",
-				"read-pkg": "^8.0.0",
-				"read-pkg-up": "^10.0.0",
+				"read-pkg": "^8.1.0",
+				"read-pkg-up": "^10.1.0",
 				"resolve": "^1.22.4",
 				"rimraf": "^5.0.1",
 				"semver": "^7.5.4",
diff --git a/package.json b/package.json
index f177004b..fcdf9fce 100644
--- a/package.json
+++ b/package.json
@@ -119,7 +119,7 @@
 		"@ui5/builder": "^3.0.9",
 		"@ui5/fs": "^3.0.4",
 		"@ui5/logger": "^3.0.0",
-		"@ui5/project": "^3.6.0",
+		"@ui5/project": "^3.7.0",
 		"@ui5/server": "^3.1.3",
 		"chalk": "^5.3.0",
 		"data-with-position": "^0.5.0",