The document discusses the project method, which is defined as learning by carrying out a "wholehearted, purposeful activity" or "problematic act" to completion. It describes the characteristics of projects, including types like projector, consumer, problem, and drill projects. An effective project should be challenging, timely, feasible, and supplement classroom learning. Organizing a project involves identifying a problem, researching, developing a hypothesis, testing, analyzing results, and communicating findings. The role of the teacher is to guide project selection and provide support. Advantages include following learning principles and promoting problem-solving, while disadvantages include the time-intensive nature and difficulty covering curriculums.