Once you are out in the market, organizations will focus more on your skills rather than your grades. The grades are also important, but there are reasons that you need to take your final semester project more seriously than you think.
Your skills will be judged by your project. When you go out in the industry for project, it is your first insight towards the industry. You need to consider it as a chance to prove yourself. You need to combine your academic knowledge and your skills to make your project. It is the chance that you show that you have bigger and better ideas. If you are good at it, you can change your life on the basis of your industrial project.
You can show your several skills here. If your college is sending you out with the team and if it is team project, you can show your skills as an efficient team player. The efforts that you put in the project will surely counts.
If you want to try something different than your other team members are doing and if you are confident about it then go for it. This may be the last chance to leave your mark in the campus. There are some things that cannot be learnt from the books. So, when you are out in the industry, gain as much knowledge as you can. When you make your final report, add the details from your learning and observations. You also need to add some of the valid arguments that can grab attention.