As the famous adage goes “time wasted can never be regained”. Time is a perishable commodity but if managed properly one can maximize output and minimize effort. This is the main objective of time management. Time management may be defined as a skill that involves the planning and control of time and resources. Part of being successful at work or at school is learning how to master time. Assignments are given with deadlines and it is expected that the worker or student gets the job done effectively and on time. The US Bureau of Labor Statistics records that the average American spends more than half the day between work and spending time at home with children, however half of the day is wasted. The Bureau also outlines how lateness, stress and multitasking can have a negative effect on workplace productivity. If time is managed properly, one can achieve greater success. As such this report seeks to demonstrate that time management is key in maximizing productivity and output at school and the world of work.

High among the list of those things that steal time from completing tasks is procrastination. The Oxford English Dictionary defines it as the act or habit of delaying or putting off a task. A lot of time is spent thinking about what is to be done but this is not followed by any meaningful action. Valuable time is spent worrying and pondering about what is to be done and this in itself takes energy which could have been redirected into carrying out these said same tasks. The lines “I’ll do it later and “I have time” have become all too familiar to those who wish to shy away from the task at hand. For these persons ‘later’ becomes tomorrow and tomorrow, next week and eventually the time that they had disappears. This time then proves to be an asset when they come to the realization that it’s gone but sadly this time cannot be regained. These persons must now