What Are the Pros & Cons of Time Management Skills?

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Time management involves skills and principles that enable you to spend your time more effectively. Businesspeople, companies, organizations, managers and students are always seeking to improve their time management, because sound time management has invaluable benefits such as living a less stressful life while at the same time getting the most important things done.

Prioritizing

  • Time management skills help you to effectively prioritize and identify time-wasting activities. Examples of typical time wasters at work include interruptions from colleagues, non-work related communication such as online chats and holding meetings that are inefficient as a result of insufficient preparation and planning. By identifying these activities, you are more likely to avoid them and strategize better ways of dealing with the most important tasks.

Stress Reduction

  • Time management skills allow you to organize your schedule and identify your daily responsibilities. These skills enable you to avoid overcommitting yourself, because you already know what your schedule looks like. You are able to manage stress by planning and actually having time for breaks at your workplace. Procrastination is a major cause of work-related stress. Stress may result from trying to handle too many tasks in a limited amount of time.

Work-Life Balance

  • Good time management skills enable you to have time out for yourself, family and friends. Well managed time offers you the opportunity to engage in enriching activities such as volunteering in the community, as well as indulging your hobbies. Developing a work-life balance is essential for your productivity both at work and at home.

Multitasking

  • Multitasking can enable you to do more activities in a shorter time-span. However, the downside of multitasking as a time management tool is that it can compromise the quality and effectiveness of work. Because you are engaged in so many other activities at the same time, it is likely that you will not give enough attention to some or any of them. So with this skill you can do more work, but you may end up having to redo it or receiving lower evaluations for performance because the quality is poor.

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