diff --git a/tools/cmakev2/project.cmake b/tools/cmakev2/project.cmake
index d5fed77a536..169ebd57707 100644
--- a/tools/cmakev2/project.cmake
+++ b/tools/cmakev2/project.cmake
@@ -575,9 +575,6 @@ macro(idf_project_init)
         # Set PROJECT_VER build property
         __init_project_version()
 
-        # Initialize all compilation options and defines.
-        __init_project_configuration()
-
         # Create global flash targets.
         __create_project_flash_targets()
 
@@ -598,6 +595,10 @@ macro(idf_project_init)
         include("${sdkconfig_cmake}")
         unset(sdkconfig_cmake)
 
+        # Initialize all compilation options and defines.
+        # This must be done after including sdkconfig.cmake
+        __init_project_configuration()
+
         # Initialize the target architecture based on the configuration
         # Ensure this is done after including the sdkconfig.
         __init_idf_target_arch()