The importance of effective time management in projects

The importance of effective time management in projects

Organised teamwork, good communication and, of course, professional management of time, i.e. deadlines, are essential for the realisation of projects. However, many project managers struggle with the problem of being constantly pressed for time.

In our writing, we will now look at how:

  • What is time management?
  • Why is good time management important in project management? 
  • What are the consequences if we do not pay enough attention to proper time management?
  • How can we develop effective time management?
Effective time management in project management means making good use of the time allocated to a project.

What is time management? 

Time management in project management is the appropriate use of time allocated to a project to ensure that the planned deliverables are met and the work is completed on or before the project completion date. 

Time management involves planning, scheduling, monitoring and controlling project activities.  

Effective time management requires project managers to keep their teams organised, productive and fast.

Why is good time management important in project management? 

A project always has an official end date. In order to meet this date, you need to have a timetable and manage your time and the time of your team to meet the deadlines. 

Let's imagine you want to renovate your holiday home in your spare time, but you don't plan the steps and the timeframe for completion. Because of this, we keep prioritising other tasks and the renovation doesn't progress at all. There is no motivating factor that makes us regularly take the time to do it.

If we apply the same attitude to a project, it will never be implemented. There will be constant procrastination and delays, which will undermine efficiency and prevent the achievement of objectives.

The benefits of time management in project management

As you can see, time management is essential for the success of the project. 

Here are some important benefits of effective time management:

1. More time

Good time management gives room for more focused work, resulting in greater efficiency. In addition, people who can manage their time well enjoy being able to devote a lot of attention to their hobbies or other personal pursuits, creating a better work-life balance.

2. More options

Good time management leads to more opportunities, as excellent time management skills are key qualities sought by project managers and employers alike. The ability to prioritise and schedule tasks is a very useful skill for any project or organisation.

3. Ability to achieve objectives

Good time management helps you achieve your goals, and in less time.

4. Less stress

Making a to-do list and managing it effectively can significantly reduce anxiety. As you tick off the items on your to-do list, you can see tangible progress. This reduces anxiety and stress, which positively impacts the quantity and quality of work completed.

What are the consequences of not paying enough attention to time management?

Now let's look at what happens when we don't manage our time properly.

1. Poor workflows

Without making plans, setting targets and assigning dates to them, processes are not productive. It is important to see exactly how tasks follow each other in order to complete them as quickly and efficiently as possible. It is necessary to know how to think in time.

To give an example of a house construction, the construction of the roof structure should not precede the laying of the foundations and the erection of the walls. So the carpenter will only be needed once the previous work has been completed.

2. Time wasted

Poor time management results in wasted time. For example, looking at social media posts or chatting with friends while completing a task is a distraction and valuable time is lost from project work.

4. Poor quality of work

Poor time management usually results in lower quality work. Rushing at the last minute to get things done on time often leads to mistakes.

4. Loss of prestige

If clients, project participants or employers cannot rely on us to always deliver on time and on time, we can have a negative image, which can lead to loss of prestige, loss of projects and jobs, and therefore financial loss.

Good time management leads to efficient work and the achievement of goals.

Tips for effective time management

According to research by the Development Academy, only one in five people (18%) manage their time well. That means many people don't know how to be productive. But with a little help, everyone can learn how to manage their time properly. 

Now let's see the best tips!

1. Setting achievable targets

The basis of effective time management is setting specific goals. It is important that these are always achievable and measurable. When defining them, it is worth taking into account SMART method to use.

That is, the goals should be:

  • Specific: specific, concrete
  • Measurable: are measurable
  • Achievable / attainable / actionable: accessible / feasible / action-oriented
  • Relevant: are relevant, important
  • Time-related: time-limited

2. Proper prioritisation

The important and urgent matrix, made famous by Stephen Covey in his book The 7 Habits of Highly Effective People, can be a great help.

Accordingly, it is useful to review our tasks and categorise them as follows:

  • Important and urgent - These tasks must be carried out immediately.
  • Important but not urgent - In this case, the deadline for action should be specified.
  • Urgent but not important - Where possible, it is worth delegating the work to someone else.
  • Not urgent and not important - You can then put aside what you have to do and deal with it later.  

Tasks that we think are unnecessary and time-consuming should simply be removed from our agendas. By doing this, we can free up a lot of extra energy and time for ourselves, which we can use for things that are really worthwhile.

3. Set a deadline for completing tasks

Having a specific date by which the work has to be done makes the agenda more predictable, focused and efficient. It also helps you to think about how long the task will take and can highlight problems at the planning stage that might not come to light until later. However, it also allows a solution plan to be developed earlier.

Let's say you need to prepare three case studies, but during the planning stage it becomes clear that you can only fit a maximum of two documents into your time. In this case, the third can be given to a colleague so that everything is completed on time.

However, if you don't plan ahead, the problem can come to light at the last minute, when there is no time to get anyone else involved.

4. Always plan your daily, weekly and monthly tasks in advance

It's important to start each day knowing exactly what you have to do. It's a good idea to make a precise list of what you need to do the day before so that you can start the morning with an efficient work routine. It is also essential to have a weekly and monthly overview of what needs to be done.

You can use a calendar to plan your work, but there are also a number of great task management apps that make it easy to create to-do lists and manage your projects.

Which are the most popular?

  • Trello - It is one of the most used time management apps, which is equivalent to a project management platform. It can be used on a computer or mobile phone, easily shared with team members. It can manage texts, images, videos. Easy to keep track of daily, weekly and monthly tasks.  
  • Asana - A great platform for managing complete projects. In addition to tasks, you can also define subtasks, responsibilities and deadlines, great for teamwork.
  • Microsoft To-do - It was born as the successor to Wunderlist. Tasks can be easily assigned deadlines, reminders, files and notes. Also a great team work tool.

5. Limit the time you spend answering emails

Checking and replying to emails is a stressful and often time-consuming task. Statistics show that on average we spend 30 hours a week on our emails. If we think about it, we could be doing a lot of other important tasks in that time.  

It's a good idea to set aside a specific time in the day to spend just on emailing. It's a good idea to check your emails in the morning and reply to the most important ones, and to spend a shorter time on them later in the day.

6. Work when you are most productive

Some are early risers, while others are night owls. We are all different and like to work at different times of the day or night.

In time management, this plays a huge role because we can do our jobs most efficiently in the shortest time if we use our most productive hours.

For early risers, it's best to schedule important tasks for the morning, while late risers are better off tackling them in the evening. Never force yourself to work when you know you are not being productive, as this wastes a lot of time.

7. Take a break between tasks

A lot of work done in one go can do more harm than good. We need breaks to allow our brains to refresh and refocus on the task at hand. A walk, a coffee break, exercise or even a short relaxation session can do the trick. 

Interesting fact: The so-called pomodoro technique is the brainchild of Francesco Cirillo, who said that you can work most efficiently if you concentrate on one task for a certain period of time and then take a break. So while you're doing the work, you should avoid all other activities, phone calls, answering emails, etc. It is very effective to record all this, either on paper or electronically. For example, after 25 minutes of work, we take a 5 minute break to give our brain a rest. The key to effectiveness is to avoid multitasking.

8. Align our tasks with others

Once deadlines have been set for each project task, it's time to think about the best days to complete them. For example, if there is work that requires the involvement of others, we need to coordinate these tasks with the others' schedules.

In summary

As we have seen, in order to work effectively and achieve our goals, it is essential to continuously improve our time management. The success of projects depends on how we manage our own time and get others to meet deadlines and work as efficiently as possible.

How can we help?

To successfully coordinate projects, you also need strong leadership and communication skills, methodological knowledge and time management skills. Choose from our training courses to broaden your knowledge, develop your skills and get international certification in our training courses for project managers.