[eclipse] What is the reason for a red exclamation mark next to my project in Eclipse?

What worked for me (and probably not yet answered here till now) ::

While working on a Selenium project and ANT, I had copied and placed TWO different "BUILD.xml" files from 2 different sources in the Project's ROOT directory. This resulted in this RED-EXCLAMATION-MARK, which disappeared as soon as I moved one of the BUILD.xml file to another folder.

As to "why I had two BUILD.xml files in ONE project?", I was actually playing around with ANT's config from various BUILD.xml files.