In VS2010, "this.ExecutionContext.DeploymentDirectory" returns the path to the default deployment directory. In VS2012 however, there is no such default directory and same property returns the path to the project folder. This is really confusing for our customers and we need to either change the implementation or remove that property completely.

The following article describes how to set a deployment directory in VS2012:
http://msdn.microsoft.com/en-us/library/vstudio/ms182475(v=vs.110).aspx