A handheld traffic control lamp is provided for facilitating temporary traffic control by an individual. The lamp includes a base configured for being held by a hand. A first light is coupled to and extends from the base. A second light of a different color is coupled to and extends from the base. A power source is operationally coupled to the first light and the second light. A switch is coupled to the base unit and operationally coupled between the first light, the second light, and the power source. The switch is manipulated to alternately illuminate the first light and the second light. The first light and the second light are preferably red and green to mimic known traffic signals.