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How much is your time worth?

How to Achieve More With Your Time

Introduction

This set of articles explains Time Management. Time Management is a set of related common-sense skills that help you to use your time in the most effective and productive way possible.

By using Time Management skills you can learn to:

By becoming more effective in your use of working time, you can reduce stress by:

The Central Shift in Attitude

At the heart of the subject is a simple, but obvious, shift in focus:

Concentrate on results, not on being busy

Many people spend their days in a frenzy of activity, but achieve very little because they are not concentrating on the right things.

This is neatly summed up in the Pareto Principle*, or the 80/20 rule. This states that typically 80% of unfocussed effort generates only 20% of results, and that the remaining 80% of results are achieved with only 20% of the effort. By applying time management, including planning, we aim to change this to ensure that we concentrate as much of our effort as possible on the high payoff tasks. This ensures that we achieve the greatest payoff possible with our investment of time.

Why don't people manage their time?

Despite the benefits of time management, very many people do not use it. This can be because: The problem with crisis management and tight deadlines is that while they can be fun, often they can lead to high levels of stress, a disrupted private life, tiredness and, occasionally, to failure of projects.

Mind Tools Time Management

This section on time management shows you how use your time in the most effective way possible.

It concentrates on the following 'how to' areas:

Following this we explain some of the tools that help in time management:


* This is only one application of the extremely useful Pareto Principle.

How much is your time worth?
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