The project is done for a project management course given over the course of the last two semester of the program. It is worth 6 credits for each 15 credits semester. The first semester is primarily graded with project and financial management exam. The second semester is graded using a comparative peer-evaluation factor (you grade each of your colleague with a + or - compared to you) that is applied to a shared grade that is obtained with technical audit, public presentation and a technical article.
I hope this help you understand the way this is evaluated!