Use simple present as a rule.
If you are trying to promote your project with said recommendation then yes, write it like it has already been chosen; write it like it's your project already. Exercise some caution, though, as you don't want to sound arrogant. Future tense might be necessary at times, but conditional tenses are best avoided (see example below).
Are you aligning your project with some kind of specification or brief that you've been given? In this case it is best to match the tense of the specification or brief. Think back to your school days and remember being told to "always answer in full sentences." You would rewrite as much of the original question within your answer as you could - do the same.
An example of what I mean is a job advert, and the covering letter that one would write to the company offering the job in an attempt to be considered for the vacancy:
- The ideal candidate has a degree or equivalent in Musical Chairs;
- The applicant will be a good leader during thunderstorms;
- The candidate would possess thorough knowledge of modern coffee machines.
"... I have a degree in Musical Chairs from [important Institution] ..."
"... In the event of any inclement weather I will be a good leader because [lightning doesn't make me cry] ..."
"... I have good working knowledge of all major coffee machine brands ..."
You'll notice that the third Advert statement (conditional) should be 'upscaled' to simple present because it makes a stronger point in your response. "I would possess thorough knowledge" sounds like you might come up with a reason not to possess the knowledge in between writing the letter and getting the job. The same goes for your project.
If you aren't writing to some specification or following any brief, then write as assertively as you can. Try to imagine what the brief would say, if you had one to follow.
If you feel you are tiring the reader with a repetitive "it has/is" and "it will" then rearrange the sentence to shift the boring verb to the back, if you can't exorcise it altogether:
My project will cost four shillings.
The cost of my project is four shillings.
My project has a setup time of three days.
My project's setup time stands at three days.