Creating an elevator pitch for any project you are working on is a good practice to get into.
Even if the project is small such as planning your next holiday or writing a blog.
Take the time to encapsulate your understanding of your undertaking at a level where it can be explained in a minute or less.
Taking the time to create your elevator pitch will hone your thinking and your understanding of your project. It will also give you a ready story to tell when talking about your project.