Luke Simpson proposes creating a short thriller film called "Third Eye" for his final major project. He will use filmmaking skills learned at college, such as editing and pacing. The film's concept involves a paranoid man whose home security system is hacked, making him believe an intruder is in his house. Research will include studying audience demographics and similar thriller films. Techniques like CCTV footage will be employed. The film will be evaluated through weekly reflections, feedback, and self-review to improve storytelling skills. Specific pre-production, production, and post-production tasks are outlined for each week.