Google defines time management to be “the ability to use one’s time effectively or productively, especially at work.”
Properly executed management of time by appropriately planning beforehand leads to saving time for other purposes. For instance, this leads to work submitted promptly, which in turn will improve one’s credibility and respect in the workplace.
Again, it will also do away with the unnecessary stress that accompanies procrastination. Studies have even proven that time management serves to be a boost of confidence as well.
Of course, time management does not pertain to the workplace alone. One must learn to use time judiciously from a young age, right from school.