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Time Management refers to managing time effectively so that the right time is allocated to the right activity. Effective time management allows individuals to assign specific time slots to activities as per their importance. Besides that, Time Management also refers to making the best use of time as time is always limited. Effective time management is that it can drastically improve the quality of life. Additionally, the benefits of practising time management are it will help to increase self-satisfaction. Besides that, feelings of not satisfice and anxiety come from that we do not know where we are going. Effective time management includes smart goal setting techniques, which will helps to realize where are we going and to see the optimal path. Furthermore, we are often burdened by subconscious guilt for those undone things we think we should be doing or should have done with effective time management will learn to overcome procrastination and learn to prioritize. That makes us more confident and decisive in our choices, leaving less space for guilt or unsatisfaction. Lastly, frustrating situations can be avoided with effective planning and organizing techniques.

“We all have time to either spend or waste and it is our decision what to do with it.But once passed, it is gone forever.”- Bruce Lee (“Zen in the Martial Arts” by Joe Hyams) |

Stephen Covey has developed what he calls a Time Management Matrix. This is essentially a BCG matrix that trades off between importance and urgency. Important and Urgent activities like crisis, pressing problems and deadline driven projects should be given first priority. Next up are Important but Not Urgent activities. This includes prevention/politically correct activities, relationship building, recognizing new opportunities, planning and recreation. Then comes Urgent but Not Important activities. This includes interruptions like phone calls, emails, routine reports, meetings and proximate or slightly pressing matters....