Adaptive planning is an agile project management concept that emphasizes the value of being able to quickly modify project direction as circumstances change. This is opposed to traditional project management methodologies that rely heavily on rigid, long-term planning. With adaptive planning, teams remain fluid in their approach and adjust their actions based on the current project landscape. This allows for better responses to changes and unforeseen issues, reducing risks, and maximizing project success.

The Scrum Framework is one of the most popular approaches used in Agile Project Management. Scrum is typically used in product development contexts where it’s essential to rapidly deliver new software that meets changing user needs. The Scrum Framework breaks down the product development into smaller parts, called 'sprints', which typically last for two weeks. The team then focuses on delivering a potentially shippable product increment at the end of each sprint.

One of the key concepts in Agile Project Management is embracing change. Unlike traditional project management where defined project requirements are rigid and inflexible, Agile encourages teams to be open to changes even late in the development. This approach ensures that the project delivers the most value, always in line with the current needs of the customers and the market, even if these needs are constantly changing throughout the project lifecycle.

Iterative development is a cornerstone in Agile Project Management. Projects are broken down into smaller, manageable cycles referred to as 'iterations'. In each iteration, the team plans, designs, codes, and tests a new project aspect. This allows teams to continuously refine and improve their product with every iteration, ensuring maximum flexibility, handling changes efficiently, and delivering valuable features progressively rather than waiting to launch a perfect end product.

The daily stand-up meeting is a key Agile project management practice. Also known as daily scrum, this meeting is held at the same time and place every day and is limited to 15 minutes. Each team member reports on what they accomplished the previous day, what they will work on today, and any impediments to progress. This approach keeps everyone informed about the project's progress and issues. The stand-up provides a forum for consistency and continuity, ensuring that individuals are motivated, monitored, and have the opportunity to discuss their achievements and challenges.

In Agile project management, the Product Owner plays a crucial role. The Product Owner holds the vision for the product and is responsible for conveying that vision to the Scrum team. They are the key stakeholder of the project and are accountable for delivering maximum value to customers and the business. The Product Owner does this by managing and prioritizing the Product Backlog, defining user stories, prioritizing them, and adjusting them as needed after each sprint or iteration. The involvement of the Product Owner throughout the project is crucial for the success of the project.

Time-bound sprints or iterations are fundamental in agile project management. A sprint is a fixed period, often two to four weeks, during which a specific amount of work must be completed and made ready for review. Time-bound sprints promote time discipline, push the team to deliver features quickly, and emphasize incremental improvement in a product or service. Moreover, they allow for regular feedback and modifications, thus, ensuring the product’s alignment with customer needs and expectations.

Retrospectives are regular meetings where the team gathers after a sprint to introspect about the things that went well or wrong during the sprint. This practice is crucial for continuous improvement which is at the core of Agile. In these meetings, the team can highlight enhancements in processes, tools, and interactions among themselves. Retrospectives ensure ongoing refinement of the project processes as well as bringing about enhancements in the team’s working dynamics.

User stories are an integral component of Agile project management. They are short, simple descriptions of a feature or functionality, written from the perspective of the end user. User stories help the development team to clearly understand who the end user is, what they want, and why they want it. Moreover, writing user stories allows the project team to prioritize features based on their relevance and value to the user, thus ensuring a user-centric approach in the development process.

The Agile Manifesto is a seminal document in Agile Project Management, which comprises four key values and twelve principles. The manifesto gives priority to individuals and interactions over processes and tools, working software over comprehensive documentation, customer collaboration over contract negotiation, and responding to change over following a plan. This concept encourages flexibility, collaboration, and customer satisfaction over strict adherence to plans and processes.

Incremental delivery is a practice in Agile Project Management where a project is broken down into manageable portions called increments. Each increment is developed, tested, and delivered separately. This approach offers benefits such as early and continuous delivery of value, enabling feedback and adaptations in early phases of development. It also reduces risk and increases the flexibility of dealing with changes.

In Agile Project Management, the concept of Servant Leadership is often used in contrast to traditional hierarchical leadership methods. A servant leader acts as a facilitator rather than a commander, enabling team members to perform their best work. They provide the resources and support needed for the team to accomplish their goals. This approach fosters a culture of trust, respect, and increased productivity.

Test-Driven Development (TDD) is a method used in Agile Project Management which involves writing tests before writing the code to satisfy those tests. This practice allows for the detection and correction of errors and discrepancies in the early stages of development. TDD helps deliver a clean, functional system with clear requirements. It can boost the confidence of the team in the functionality of the software.