In: Accounting
1. Does Time Management play important role in everyone's life? How?
2. Does Procrastination affect Time Management?
Ans 1
Time management plays a vital role in our life because:-
a)Time is limited. We do not have unlimited time. Hence, in order to succeed in our life we have to use our time judiciously.
b) We can accomplish more with less effort:- If we manage time then we can manage a complete lot of tasks efficiently without compromising on the quality.
c) Improvement in decision-making ability:- Time management improves our decision-making ability because we learn the art of managing the tasks by prioritizing them on the basis of their importance. Hence, it increases our decision-making ability.
d) Reduces stress:- Time management reduces stress because we are able to complete our tasks.
e) Improves self-discipline:- If we are able to complete our tasks and manage our time effectively then it automatically leads to self-discipline.
Ans 2
Yes, procrastination affects time management because we are defeating the fundamental purpose of time management by procrastinating. Procrastinating leads to delaying the critical tasks,. Hence, it causes lower productivity and task completion rate.
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