TIME
MODULE
MANAGEMENT
11
MEANING OF TIME MANAGEMENT
Time management is the process of planning and exercising
conscious control of time spent on specific activities
Especially to increase:
Effectiveness
Efficiency, and productivity.
The objective of time
management is to maximize
the time spent on important
things.
OBJECTIVE OF
TIME
MANAGEMENT
So the one point of being
efficient is to use up less time
on the unimportant things so
that we have more time for
the important things.9
Create Master Eliminate
Create a habit
machine: A
Master
Prioritization.
Eliminate
Distractions.
THE KEY
stable routine is
always helpful,
FEATURES OF TIME
which is why
having a habit
MANAGEMENT
machine is
essential.
Productivity starts with a well-
organized schedule.
The 4 Ds of time management
4 MAIN PRINCIPLES
strategy helps product managers
schedule, postpone, or discard
OF EFFECTIVE TIME
tasks by placing them in four MANAGEMENT
categories: delete, delegate, defer,
and do.
“Delete” encourages product
managers to learn to say “no” and
carefully filter their to-do list.
80/20 RULE OF
Simply put, When
the 80/20 applied to
rule states work, it
TIME MANGEMENT
that the means that
relationship approximat
between ely 20
input and percent of
output is your efforts
rarely, if produce 80
ever, percent of
balanced. the results.
80/20 DIAGRAM
It helps you
achieve your
goals faster.
Proper time
management
makes you more
effective.
It boosts your
confidence and It Helps you
BENEFITS OF
offers Improved prioritize your
career work.
opportunities.
TIME
MANAGEMENT
You get more
Prevents
done in less
procrastination.
time.
Reduces stress.
IS TIME MANAGEMENT A SKILL
Time management skills are essential because it helps us use time
wisely and stop wasting time.
We become more focused and productive when we are in charge
of how we use our time.
Productivity leads to profitability.
So, good time management can add to your bottom line.
To calculate efficiency over time, you divide
the number of standard labor hours by the
time a task consumed and multiply by 100.
For example, if a project had 80 allotted labor
hours but took 92 to complete, the project
would have an efficiency rating of 87%.
EXAMPLE
OF TIME
EFFICENC
Y
WHY TIME MANEGEMENT IS HARD?
Procrastination, distractions, and poor prioritization
skills are just a few time management challenges
that stem from within.
Low self-discipline is probably the most formidable
challenge to conquer.
Fortunately, there are many ways you can learn self-
discipline.
CONCLUSION
OF TIME
MANAGEMENT
Time management is
important no matter
what you do or where
you are.
If you learn to manage
your time properly, you
will accomplish all the
goals you put your
mind to.
Learn how to
compartmentalize and
manage your time for
best outcomes.
VIDEO OF DABBAWALAS ON
TIME AND TEAM MANAGEMENT
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