This error is that the default lanch configuration is not being created for this project. To solve it, Need to do:

1. Right click Project -> Run As -> Run Configurations
2. Create a new configuration under C/C++ Application
3. Click Browse to select the executable file, which exist in either the Debug or Release folder.

Your launch configuration should look like this:

Refere to:

Launch Failed. Binary not found. CDT on Eclipse Helios