diff --git a/pyproject.toml b/pyproject.toml
index c9580b1601..1e797130db 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -101,6 +101,12 @@ build-backend = "poetry.core.masonry.api"
 
 [openpype]
 
+[openpype.pyside2]
+# note: in here we can use pip version specifiers as this is installed with pip until
+# Poetry will support custom location (-t flag for pip)
+# https://pip.pypa.io/en/stable/cli/pip_install/#requirement-specifiers
+version = "==5.15.2"
+
 [openpype.thirdparty.ffmpeg.windows]
 url = "https://distribute.openpype.io/thirdparty/ffmpeg-4.4-windows.zip"
 hash = "dd51ba29d64ee238e7c4c3c7301b19754c3f0ee2e2a729c20a0e2789e72db925"
diff --git a/tools/fetch_thirdparty_libs.ps1 b/tools/fetch_thirdparty_libs.ps1
index f87ce3e724..23f0b50c7a 100644
--- a/tools/fetch_thirdparty_libs.ps1
+++ b/tools/fetch_thirdparty_libs.ps1
@@ -36,9 +36,6 @@ if (-not (Test-Path -PathType Container -Path "$openpype_root\.poetry\bin")) {
 } else {
     Write-Host "OK" -ForegroundColor Green
 }
-Write-Host ">>> " -NoNewline -ForegroundColor Green
-Write-Host "Installing PySide2 ... "
-& "$($env:POETRY_HOME)\bin\poetry.bat" run python -m pip install PySide2 -t "$($openpype_root)\vendor\python"
 
 & poetry run python "$($openpype_root)\tools\fetch_thirdparty_libs.py"
 Set-Location -Path $current_dir
diff --git a/tools/fetch_thirdparty_libs.py b/tools/fetch_thirdparty_libs.py
index 75ee052950..60392d782c 100644
--- a/tools/fetch_thirdparty_libs.py
+++ b/tools/fetch_thirdparty_libs.py
@@ -20,6 +20,7 @@ import hashlib
 import tarfile
 import zipfile
 import time
+import subprocess
 
 
 term = blessed.Terminal()
@@ -65,11 +66,27 @@ def _print(msg: str, message_type: int = 0) -> None:
 
     print("{}{}".format(header, msg))
 
-
-_print("Processing third-party dependencies ...")
 start_time = time.time_ns()
 openpype_root = Path(os.path.dirname(__file__)).parent
 pyproject = toml.load(openpype_root / "pyproject.toml")
+_print("Handling PySide2 Qt framework ...")
+pyside2_version = None
+try:
+    pyside2_version = pyproject["openpype"]["pyside2"]["version"]
+except AttributeError:
+    _print("No PySide2 version was specified, using latest available.", 2)
+
+pyside2_arg = "PySide2" if pyside2_version else "PySide2{}".format(pyside2_version)  # noqa: E501
+try:
+    subprocess.run(
+        [sys.executable, "-m", "pip", "install", "--upgrade",
+         pyside2_arg, "-t", str(openpype_root / "vendor/python")], check=True)
+except subprocess.CalledProcessError as e:
+    _print("Error during PySide2 installation.", 1)
+    _print(str(e), 1)
+    sys.exit(1)
+
+_print("Processing third-party dependencies ...")
 platform_name = platform.system().lower()
 
 try:
diff --git a/tools/fetch_thirdparty_libs.sh b/tools/fetch_thirdparty_libs.sh
index f619bc9f01..31f109ba68 100755
--- a/tools/fetch_thirdparty_libs.sh
+++ b/tools/fetch_thirdparty_libs.sh
@@ -99,9 +99,6 @@ main () {
 
   pushd "$openpype_root" > /dev/null || return > /dev/null
 
-  echo -e "${BIGreen}>>>${RST} Installing PySide2 ..."
-  "$POETRY_HOME/bin/poetry" run python -m pip install PySide2 -t "$openpype_root/vendor/python"
-
   echo -e "${BIGreen}>>>${RST} Running Pype tool ..."
   poetry run python "$openpype_root/tools/fetch_thirdparty_libs.py"
 }