I will give an introduction to the variational characterisation of the Ricci flow that was first introduced by G. Perelman in his paper on "The entropy formula for the Ricci flow and its geometric applications" http://arxiv.org/abs/math.DG/0211159. The first in a series of three papers on the geometrisation conjecture. The discussion will be restricted to sections 1 through 5 beginning first with the gradient flow formalism. Techniques from the Calculus of Variations will be emphasised, notably in proving the monotonicity of particular functionals. An overview of the local noncollapsing theorem (Perelman’s first breakthrough result) will be presented with refinements from Topping [Comm. Anal. Geom. 13 (2005), no. 5, 1039–1055.]. Some remarks will also be made on connections to implicit structures seen in the physics literature, for instance of those seen in D. Friedan [Ann. Physics 163 (1985), no. 2, 318–419].