The project method emphasizes learning through purposeful activities carried out individually or in groups over time. It has its origins in Dewey's philosophy of pragmatism. Key principles include learning by doing, cooperation, and psychological laws of readiness, exercise, and effect. Teachers first create a problematic situation to spark student interest. Students then plan and execute a project to address the problem, evaluating their work upon completion. While time-intensive, the project method aims to develop skills like self-confidence, critical thinking, and independent learning through hands-on experiences.