How do i update my projects version to say 4.2?

I have a project that was made with 4.1 and lets say i now want to use 4.2’s vehicle capabilities in this project, how would i go about updating it to 4.2?
Sorry in advance if this is a very simple question.

Launch the most recent Unreal Engine without clicking a project. Then choose the project you wish to update once it starts. You should get a message with options for updating that project to the new engine “In Place” or as a duplicate (preserving the older engine version).

You can right click on the .uproject file and choose the version you want to set it to.

Is this right-click method actually equivalent to the launcher method?