Story points are a method of estimating task complexity, risk, and effort in Agile project management, allowing teams to prioritize tasks effectively and plan projects efficiently. Unlike time-based estimates, story points provide a more precise and unbiased way of measuring workloads and project timelines. Teams can use various scales, such as the Fibonacci sequence or T-shirt sizing, to assign story points and estimate task complexity. By establishing a consistent scale, planning poker meetings, and tracking sprint velocity, teams can align on how to assign story points and make accurate predictions for future sprints. Regularly reviewing and revisiting story point estimates helps maintain consistency and identifies areas for improvement.