1) The cell cycle involves an orderly sequence of events where a cell duplicates its contents and divides into two identical daughter cells. It consists of interphase and M-phase.
2) Interphase involves three stages - G1 for growth, S for DNA replication, and G2 for more growth before division. M-phase is mitosis and cytokinesis where the cell divides.
3) The cell cycle is tightly regulated by cyclins and CDKs. Cyclin levels rise and fall controlling CDK activity and driving the cell through the cycle. Checkpoints ensure replication and division occur accurately.