A literature review is a task where you should outline reliable sources you’ve chosen for your research and add to each of them a detailed comment. Such comment should include not only description of the source but an explanation of your choice and report on how helpful it was for your project.
A literature review may be an independent academic task or a part of a Ph.D. project. However, a Ph.D. work must include a review of the involved literature. That is why for all graduate students, it is a must-master type of academic assignments.
You might wonder what the purpose of a literature review is? It allows to estimate how deep students have immersed in their subjects of research and their potential for critical evaluation of authoritative sources.
To get a grasp of how such assignment should look like, one ought to carefully read literature review examples. StudentShare.org - is the place where you can find samples of sources reviews in more than 40+ fields of knowledge (including business, management, history, psychology, philosophy, engineering, nursing, etc.)
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Either way, the sooner you start, the better your work will be. Best of luck with your task!