If I also remember correctly my CV was shit at that time. I've gotten so much better at writing them as time has gone by.
The first is to get past H.R. gatekeepers to get you to an interviewer. This involved having the right years of experiences, keywords, school, gpa, etc...
The second is to have interesting things to talk about with an interviewer. Putting your school project on your resume won't heart the 1st one. But if it's and interesting project and you would look good talking about it. Then heck yeah put it on your resume.
After 4 years though if it's not a really awesome project you might want to remove it. It could be perceived like you haven't accomplished anything noteworthy recently.
Going further, it's worth doing a minimum amount of research for any position you want and to CV/resume tune for it.
Good luck.
Especially if it can be related to the job you are applying for.