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'Time', never stops. It keeps passing ceaselessly. It does not wait for any one. It cannot be preserved. It cannot be recycled. Thus, ‘Time', if not utilized, or utilized improperly gets wasted. Consequently, ‘Time' is given different connotations by different people. For example, there are some people who treat time as money, and there are others who treat it as life. For the purpose of the subject topic, i.e., ‘Time Management', we need to treat ‘Time', as the duration or a period available to do some thing. The duration of ‘Time' is measured in terms of seconds, minutes, hours, days, weeks, months, years, etc.
We need time for whatever we do. For example, we need time to work, play, eat, rest, sleep, travel, study, pass examinations, take care of family, socialize, do professional work, complete projects, attain goals, etc, etc. As execution of every work or activity requires time, we need to appreciate, match, adjust, and plan schedule of activities within the available time. Since planning of activities is not an end in itself, every piece of work has to be done as per schedule, failing which, some work may be left unattended or incomplete. Thus, ‘Time Management', needs to encompass time based planning and execution of activities for some purpose. Accordingly, 'Time Management ‘, can be defined as the process of time based planning and execution of some work/activity to fulfill requisite needs, discharge obligations, complete tasks, carry out projects and attain desired goals.