7 months equal 1200 hours
Only 30% of the time will be available for the project = 400 hours (Other classes will consume the other time)
You will need 80 hours to compile your final report( draft, review, final report) ; that leaves you with 320 hours
You will need a weekly progress / consultation meeting with your supervisor) 30 x 1 = 30 hours ; that leaves you with 290 hours
You will do a literature review on what others may have done 20 hours ; that leaves you with 270 hours do do the work
Be realistic when you scope the project
I would limit the scope of the project to building a 10 number(single digit size 90 x 60 mm Arial font) optical regonition system, under good light condition, using a webcam and Matlab
As part of you proposal also include a project plan