Understanding Time Management

You have time to either spend or waste and it is your decision what to do with it. But once that time is gone, it is gone forever.

Time is equal for every person on earth. We know that there are 60 seconds in a minute, 60 minutes in an hour, 1,440 minutes in a day and 525,600 minutes in a year. While most people admit to having trouble dealing with it, very few can claim to have made the most of it. How have they done it all? Because they have managed to figure out how to manage their time effectively.

Time management means managing time more. It is about controlling the use of the most valuable and least valuable resource. He maintains himself in relation to time. It is setting priorities, making the most of situations and time. This means changing those habits or activities that cause time wastage. Time management is the readiness to adopt habits and practices to maximize the use of time.

Good time management skills control one's time, stress and energy levels. One can maintain a balance between work and personal life. One finds the individual flexible enough in time to respond to surprises or new opportunities. What is more important is not how much time one has, but how one uses that time. The most important thing is how well a person manages time.

Internationally renowned authority on time management Dr. Alec McKenzie, in his book The Time Trap, argues that the concept of time management is flawed because time cannot be managed in the same way that other resources can be managed: each of the four financial capital, physical capital, human capital, information, and time. Can be enhanced, reduced, transferred or otherwise controlled, but time cannot be manipulated. Dr. McKenzie says that when the time comes, the person concerned can only manage themselves. One cannot control time as one can control other resources but only how one uses it. In the world we live in, time cannot be changed or recreated. So we don't decide whether to spend or save time, but how to spend it.