File exclusions in McAfee Total Protection 10.0

I recently got McAfee Total Protection 10.0 and so far i like it better than Norton (which i had before).
But i would like to know if it is possible to set file exclusion filters for the On-Access scanner so that it is not constantly scanning my commonly used files. Whenever i build a project in Visual Studio, it seems to be running, scanning all those source code files. It seemed to slow down the compiler quite a bit.
I read that it uses heuristic algorithms to determine what programs you use often and i assume it means that McAfee would eventually ignore files used frequently by those programs as they are of little risk. But i'm not sure if that's what it actually does.
I use McAfee VirusScan Enterprise 8.7 at work, and there is a way to set file exclusions there, but how do i do it in Total Protection 10.0? Is there even a way?