video stabilisation techniques against jitter effect

I have the following project and I want help.... if you know anything please help me

DESCRIPION
When recorded on a moving vehicle or by a hand held device, video sequences may have annoying jitter effect. The project is to study the post-processing techniques to rectifying the effect. The object motion is estimated and is used to compensate the unwanted movement, so to remove or reduce the jitter effect.

SPECIFICATIONS
• To understand fundamental image representation processing techniques.
• To understand the principles and techniques used in stabilising video taken from an unmounted camera (e.g. hand held) such as shaking hands or mobile devices.
• To implement the techniques, mainly comprising motion estimation, lowpass smoothing and motion compensation, in Matlab.
• The programme developed should be tested and evaluated against a set of short test videos thoroughly
• To write a report with details on backgound,image processing, esp. stabiling techniques, programme design and implementation, test and results, as well as performance evaluations