What is Time Management!?

What is time management!? So probably about questions that arise in your mind, especially for those of you who are not familiar with time management. Here I extracted from reliable sources. 

Time Management is usually defined as the management of time in order to use your time wisely and get the most out of it. Time Management is referred to as the practices that individuals follow to make better use of their time. There are a few ways that individuals can manage their time and they include such things as: personal electronic devices (PDAs), time and motion study, self-awareness, and also self motivation. Time Management can be divided into many different topics such as: task lists, resistors, drivers, software applications, and techniques for setting priorities.

Task Lists

One way to manage your time wisely is by making a task list. A task list can be very useful because with a list you will remember to do what it is you planned to do and in what order you planned to do them. As mentioned before these task lists can b prioritized or they can just be a random list of tasks that need to be completed. These task lists can be used for things such as: homework assignments, grocery lists, or a general to-do list.

Resistors

Resistors are people that are scared of change. The reason they have issues with time management is because they sometimes do not want to invest the time initially to save time in the long run.

Drivers

For those people who do get more responsibility and still the same amount of time to complete those tasks the approach to time management has to change.

Software Applications

Software Applications to manage time are becoming more popular with the developments of new technology. These applications developed for computers, PDAs, and cell phones have caused many people to become more efficient and have better time management skills. These software applications have built in reminders, calendars, and other features that allow people to remember to complete activities on time.

Techniques for Setting Priorities

There are many ways to set priorities to complete tasks in a timely manner. Some of these techniques include: ABC analysis, Pareto analysis, Fit, and POSEC method.

Pareto Analysis is the idea that 80% of the tasks can be completed in 20% of the disposable time. There should with this method be a higher priority assigned to the 80% of tasks that can be completed in 20% of the disposable time.

Fit is the method where some tasks can be constrained by certain requirements and therefore only those tasks where the requirements are available will be completed first. These requirements can be such things as location, financial investment, time, etc. For example, if you had a one hour period in your day where you could work on a task it is typically more productive to do a task that would take an hour then to start a task that would take a few weeks or a task that would take 20 minutes.

POSEC method is an acronym that stands for Prioritize by Organizing, Streamlining, Economizing and Contributing. This method of time management is a hierarchy of self-realization which mirrors Abraham Maslow's "Hierarchy of needs".

1. PRIORITIZE - Your time and define your life by goals. 
2. ORGANIZING - Things you have to accomplish regularly to be successful. (Family and Finances) 
3. STREAMLINING - Things you may not like to do, but must do. (Work and Chores) 
4. ECONOMIZING - Things you should do or may even like to do, but they're not pressingly urgent. (Past-times and Socializing) 
5. CONTRIBUTING - By paying attention to the few remaining things that make a difference (Social Obligations). 

Article Source: Ezine Articles