Final answer:
The project method is valuable for encouraging teamwork, developing problem-solving skills, and fostering independent learning.
Step-by-step explanation:
The project method is considered valuable for several reasons, including encouraging teamwork and collaboration, developing problem-solving skills, and fostering independent learning. However, it does not focus solely on theoretical knowledge. The project method involves hands-on, practical experiences that allow students to apply their knowledge in real-world situations. By working on projects, students can gain a deeper understanding of concepts and develop critical thinking and problem-solving skills.