no....just like the schematic draw it out...the diagram on the relay shows pins 1 and 5 connected together (normally closed) and pin 1 and 3 are normally open...same thing on the other side 2 and 6 normally closed...2 and 4 normally open. pins 7 and 8 are the coil of the relay.
Just a heads up...this relay will work for both but wont look exactly like the schematic.
look at relay V...it has 2 contacts that are pulled by the coil....just like the relay in your picture which also has 2 contacts (the diagonal line between pin 5 and 1 would flow to the left when energized connecting pin 5 to pin 3)
Relay P however has 3 contacts...your relay only has 2.....but look closely at the schematic. The 3rd contact on relay P connects the holding resistor to the coil of the relay right? Well if all 3 contacts are pulled does it really matter if the holding resistor is connected to the 3rd or the 2nd contact? wouldn't power still get from fuse f-1 to the relay coil if the holding resistor were connected to point p-2 instead of p-4?
I want you to edit the schematic this time...erase the 3rd contact and connect the top of the holding resistor to point p2.
remember...schematics are 100% of the work...putting it together is the reward! Without a good schematic your project wont work as expected and your just wasting time. If you really understand and can draw out whats going on you'll be one step closer to building anything you can think of.
If you want to learn more try this....draw me a schematic that energizes the relay in the picture...you can draw the relay schematic exactly as it is in on the relay. connected the relay coil to ground and the other side of the coil to a switch...on the other side of the switch connect the battery...so when you close the switch the relay energizes. Now I want you to draw 2 lamp circuits...one light lamp should come on when the relay is energized and the other should come on when the relay is de-energized. If you can do that then you'll have no problem with your school project.
Dont worry if you draw it incorrectly the first time...we will all help you. I will look at what you post tomorrow and help you more from there...
Dont worry...we all had to learn this stuff too with lots of mistakes along the way. Good luck