2. What is Time Management
(TM)
Time management is the act or practice of
managing and supervising time.
Muhammad Faiz
Farooq
MSC (HRM) 3rd semester
3. Why do we need TM?
To save time
To reduce stress
To function effectively
To increase our work output
To have more control on our lives
Muhammad Faiz FarooqMSC (HRM) 3rd semester
4. The process of Time Management
starts with-
Costing your time
Making Activity logs
Planning
Prioritizing
Scheduling
Goal setting
Muhammad Faiz FarooqMSC (HRM) 3rd semester
5. Costing your time
Understand your true value by calculating your
cost per year
cost per year =
(salary+taxes+office space + office equipment + profit you generate)
Calculate your hourly rate =
cost per year / work hrs. per year
….know where you stand.
Muhammad Faiz FarooqMSC (HRM) 3rd semester
6. Making Activity logs
Help in
Making a realistic estimate of the time
spent during the day
Pinpoints the critical areas- time spent
on low value jobs
Finding the high yielding times of our
day
Muhammad Faiz FarooqMSC (HRM) 3rd semester
7. Planning
Draw an Action Plan-
A list of things that need to be done to achieve your
Goal
Muhammad Faiz FarooqMSC (HRM) 3rd semester
8. Prioritizing
Make a To-Do list
Consider the value of the task before
deciding to do it-
Is it worth spending your time & your company
resources
Prioritize your task-
The most important jobs should be
completed first followed by other jobs.
Muhammad Faiz FarooqMSC (HRM) 3rd semester
9. Scheduling
Make a realistic estimate of how much you
can do
Plan to make the best use of the available
time
Preserve some contingency time to deal with
‘unexpected jobs’
Minimize stress by avoiding over-
commitment to yourself & othersMuhamm
ad Faiz
Farooz
MSC (HRM) 3rd semester
10. Goal setting
Setting lifetime goals helps you to
chart your life course & your career
path
Break up your lifetime goals in smaller
goals
Make a daily to-do list
Review and update your list on a daily
basis & judge your performance
Muhammad Faiz FarooqMSC (HRM) 3rd semester
11. Achieve your goals!
Be your own judge and your own motivator, make
Time Management your tool for success.
Muhammad Faiz FarooqMSC (HRM) 3rd semester