Theme posts text cutting off

We purchased this template, if you click on the “Projects” page we have 2 issues: http://www.templatemonster.com/demo/50760.html

1- The section where it says Categories 1, Categories 2, Categories 3, etc. We have over 20 categories which are being displayed in 3 lines in the black background area and looks unorganized and not bulleted or aligned or anything. Is there a way to organize these so it looks professional.

2- Underneath each project image you will see Bolded Text, some of our projects have really long names, so the posts are getting cut off unless you click on it and see the entire headline and text for each project. Is there a way to display longer headlines (the bolded text) on the post w/o clicking on it?

thank you!