diff --git a/CHANGELOG.md b/CHANGELOG.md
index c12b25d..addbccc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -8,6 +8,7 @@ to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 ## [Unreleased]
 
 ### Fixed
+* [--project value should be tested if path exists](https://github.com/ionide/FSharp.Analyzers.SDK/issues/141) (thanks @dawedawe!)
 * [Provide better DX when project cracking failed](https://github.com/ionide/FSharp.Analyzers.SDK/issues/126) (thanks @dawedawe!)
 
 ## [0.19.0] - 2023-11-08
diff --git a/src/FSharp.Analyzers.Cli/Program.fs b/src/FSharp.Analyzers.Cli/Program.fs
index d4b93d7..cb1b63b 100644
--- a/src/FSharp.Analyzers.Cli/Program.fs
+++ b/src/FSharp.Analyzers.Cli/Program.fs
@@ -454,20 +454,13 @@ let main argv =
                 exit 1
             | [], Some fscArgs -> runFscArgs client fscArgs ignoreFiles severityMapping |> Async.RunSynchronously
             | projects, None ->
-                let runProj (proj: string) =
-                    async {
-                        let project =
-                            if Path.IsPathRooted proj then
-                                proj
-                            else
-                                Path.GetFullPath(Path.Combine(Environment.CurrentDirectory, proj))
-
-                        let! results = runProject client toolsPath project ignoreFiles severityMapping
-                        return results
-                    }
+                for projPath in projects do
+                    if not (File.Exists(projPath)) then
+                        printError $"Invalid `--project` argument. File does not exist: '{projPath}'"
+                        exit 1
 
                 projects
-                |> List.map runProj
+                |> List.map (fun projPath -> runProject client toolsPath projPath ignoreFiles severityMapping)
                 |> Async.Sequential
                 |> Async.RunSynchronously
                 |> Array.choose id