As of today, in Visual Studio 2012 the Run Code Analysis command is not available for F# projects.
Enable Code Analysis in MSBuild
To enable Code Analysis in MSBuild, include the following elements in the project file:
Unfortunately, even with the above elements, Code Analysis will not run for F# projects during the MSBuild process.
Edit the Microsoft.CodeAnalysis.Targets file which is located at:
C:\Program Files (x86)\MSBuild\Microsoft\VisualStudio\v11.0\CodeAnalysis
or '$(Language)'=='F#' at the following locations:
You may also download the modified Microsoft.CodeAnalysis.Targets file from here.