Time management refers to a range of skills, tools, and techniques used to manage time when accomplishing specific tasks, projects and goals. This includes planning, allocating time, setting goals, delegation, analyzing time spent, monitoring, organizing, scheduling, and prioritizing activities. Techniques for prioritizing tasks include ABC analysis, Pareto analysis, and the Eisenhower Method. Effective time management is essential for completing projects on time and involves doing important and urgent tasks first, planning ahead, setting priorities, making to-do lists, delegating tasks, and eliminating time wasters and procrastination.