Concentrate on your work, don’t describe the details of the project. Use as many of the concepts in the course as is reasonable (some concepts won’t be relevant). Concentrate your paper on the analysis of the project … good, bad, sensitivity, etc. What issues do the customers care about? How will you address those?
Concentrate on the PM issues. Particularly when assessing risks, you can get caught up in the technical aspects of the project’s risks. Stay focused on the PM implications, e.g., more money is required.
Don’t forget the recommendations section.