I have Update 1 installed, but still can't see them, however...
For the Output File use "$(OUTPUTDIR)$(OUTPUTFILENAME)"
and the Project File use "$(ProjectDir)$(ProjectFileName)"
You can find a list of the available macros (if they aren't showing up in the IDE) in C:\WINDOWS\Microsoft.NET\Framework\v2.0.50727\Borland.Delphi.Targets (sourced from What are the MSBuild project level properties for Delphi?)
Inside that file is the following area on my machine...
<!-- Build event properties settable in the IDE -->
<ProjectName>$(MSBuildProjectName)</ProjectName>
<ProjectFilename>$(MSBuildProjectFile)</ProjectFilename>
<ProjectExt>$(MSBuildProjectExtension)</ProjectExt>
<ProjectDir>$(MSBuildProjectDirectory)</ProjectDir>
<ProjectPath>$(MSBuildProjectFullPath)</ProjectPath>
<InputPath>@(DelphiCompile->'%(FullPath)')</InputPath>
<InputDir>@(DelphiCompile->'%(RootDir)%(Directory)')</InputDir>
<InputName>@(DelphiCompile->'%(Filename)')</InputName>
<InputExt>@(DelphiCompile->'%(Extension)')</InputExt>
<InputFilename>@(DelphiCompile->'%(Filename)%(Extension)')</InputFilename>
<OutputPath>@(_DependencyCheckOutputName->'%(FullPath)')</OutputPath>
<OutputDir>@(_DependencyCheckOutputName->'%(RootDir)%(Directory)')</OutputDir>
<OutputName>@(_DependencyCheckOutputName->'%(Filename)')</OutputName>
<OutputExt>@(_DependencyCheckOutputName->'%(Extension)')</OutputExt>
<OutputFilename>@(_DependencyCheckOutputName->'%(Filename)%(Extension)')</OutputFilename>
HTH