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You may find a copy of this script is found in \[INSTALLDIR]\support\settings\RunGmStudio.cmd. Use If you plan to modify the script, use the Settings Form to copy the file the default version from the settings folder to your project work space if you plan to modify it.
A productive use of this script is to re-translate your source and deploy your the resulting .NET project code while you are working on the .NET project for that code in Visual Studio. This
This is done by adding gmStudio to the External Tools dialog as shown below. Passing in the $(TargetName) will restrict processing to the current project.