Final year? Seems a little simple to me to be honest - best talk to your project supervisor and see what he thinks before committing yourself.
There are 35 pass standards that the military use. It may be worth looking at those. It's a basic sector wipe with specific bit patterns for each pass to maximise the impact on any magnetic imprint on the drive.
Any way you can then show the effectiveness of 1,4,8,32 passes on the magnetic footprint on the drive (given you're doing forensics) may be a better project.