As this question has come up earlier I think it's a good idea to point out how to do that.
Your own project
In order to update your very own project (ie. you are the sole copyright holder) the only thing you have to do is:
I strongly recommend checking your dependencies!
Don't forget that the GPLv3 is incompatible with
GPLv2-only. This means that if you have any GPLv2-only
dependencies you cannot update. The best idea might be
contacting the owner of the code in question and ask them to
move to GPLv3 or 'GPLv2 or later'.
Oh, and by the way, if a license notice does not
explicitly
state a version of the license you may choose the version
yourself - so there is no problem with that.
Other's code
Even though a lot of people don't know that, you may update the license notices and the COPYING file of other packages if they state that you may choose 'either version 2, or (at your option) any later version'.
Last but not least: I AM NOT A LAWYER. The
information in this post should be correct though
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