Chap 5 Time Management
Chap 5 Time Management
STRESS
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What is time?
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What is Time?
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Characteristics of Time
Time is democratic.
Everyone gets 24 hours in a day.
Time is perishable; it cannot be stored.
Time cannot be bought.
Time is a valuable and limited
resource.
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What is Time Management?
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What Time Management is NOT
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� It is often said that if the project
manager cannot control his own
time, then he will control nothing
else on the project.
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Developing a Time Management Plan
�7 steps
1. IDENTIFY PERSONAL VALUES AND ATTITUDES
Values are things of highest priorities and most important.
2. IDENTIFY LONG TERM AND SHORT TERM
GOALS
A goal is a statement expressing what to achieve. (based on identified
values)
3. SET PRIORITIES
Prioritizing means the ranking of goals in order of importance or
relevance
4. IDENTIFY OBJECTIVES
Is breaking goals down into smaller goals or ‘stepping
stones’…SMART
5. SETTING TASKS/STRATEGIES
specific things /steps which need to be done (with deadlines) in order
to achieve the objective.
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6. IDENTIFY BARRIERS
making a list of barriers and then devising strategies to overcome them.
7. DEVELOP A PLAN: Create a Time Management Plan for 1 week
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… Developing a Time Management Plan
STEPS TO OVERCOME BARRIERS
1. Make lists
Rewards don’t have to involve large
2. Break big jobs into little steps
amounts of money – but they
3. Promise yourself a reward should generate large amounts of
4. Do important things right awaypositive feelings and emotions.
5. Be adaptable Dr. Joe Vitale
6. Learn to say NO (when it is appropriate)
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The Time Management Matrix
� Pareto’s Rule: (Vilfredo Pareto: Italian economist)
20% of your tasks take 80% of your time and
80% of your tasks take 20% of your time.
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(AVOID/ DELEGATE)
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Interruptions, some calls
Some mail & reports
Not
Some meetings
Importa
Many “pressing” matters
nt
Many popular activities
Quadr Trivia, busywork
ant of I
Some phone messages/ Junk mail
Dece V
ption Escape activities
( Quadrant of
Waste
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L
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T
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)
Time wasters
Viewing mindless TV
shows
STRATEGIES for Personal TM
1) Learn to Say “NO”
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... STRATEGIES for Personal TM
2) Concentrate on the Task at Hand
1) Focus on your goal
2) Tune out interruptions
3) Consider Your Prime Time
� Most researches show that tasks that take the most
mental concentration are most effectively
accomplished early in the day, but even this studies
acknowledge that this is Not always true, and that
everyone has a “Personal Prime Time”.
4) Celebrate Your Success
WORK
� It motivates you for
the next activity
PLAY
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Tips
Eliminate Time Wasters!
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IV. Ending PROCRASTINATION
It is putting off the doing of something intentionally and
habitually. It is world’s #1 time waster.
V. Manage Meetings- so that they do not last too long
Prepare for the meeting ahead of time by distributing the agenda
before the meeting. The agenda should include timeframes for each
topic.
Schedule meetings carefully; they should begin and end on
time.
VI. Delegate, don’t try to do everything by your own
� Delegating is getting things done through others.
� Failure to delegate occurs too often, but it happens for a variety
of reasons.
Belief that no one can do it as well as yourself
Doesn’t want to let go of a task
16 Insecurity
Project Time Management
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� Managing projects within time,
cost, and performance is easier
said than done.
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What is Project Time Management?
Project time management is…
• Determining the time needed to
complete the project and
scheduling activities to meet that
time
• Critical to the success of the project
• Without careful scheduling and planning, a project is
at risk of failure
Often regarded as the hardest part of project
management
Project time management
It includes:
• Activity definition
• Activity sequencing
• Activity duration estimating
• Schedule development
• Schedule control
Activity definition
� This step requires you to define the tasks,
milestones, and other activities needed to complete
the project.
� This is done by using the work breakdown
structure (WBS).
� Thework breakdown structure (WBS) is a checklist of every
activity that must be performed to create the
endproduct.
� The WBS lists all of the work packages that need to be done in
order to complete all the project deliverables.
� For each work package, you will define the specific activities
that need to be performed in order to complete the work
package.The result of this step is a comprehensive activity list
for the project.
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Activity sequencing
� This
is determining the order each of the activities
needs to be completed in.
� Putting activities in order of execution
� Todetermine the sequence of activities, you will
need to understand the relationships between
them.
� By understanding which activities are related to each
other, you will be able to determine which activities
need to be completed in order to start another one.
�A network diagram can be drawn to visually
represent the sequence of activities.
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Activity duration estimating
� Thisis to estimate how long each activity will
take to complete.
� This needs to take into account the type, amount, and
availability of people, material, equipment and supplies
that are needed to perform each activity.
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Schedule development
� This is analyzing activity sequences, durations,
resource requirements, and schedule constraints
to create
the project schedule.
� No matter the size or scope of your project, the schedule is
a
key part of project management.
� The schedule tells you when each activity should be
done, what has already been completed, and the
sequence in which things need to be finished
� But, this process is an iterative process: Because of the
uncertainty involved, the schedule is reviewed regularly,
and it is often revised while the project is in progress.
� Tools and Techniques used for scheduling includes
Schedule network analysis, Critical path method, Critical
chain method, … 26🞂 There are many software packages,
such as Microsoft Project, that
will assist you to develop reliable and accurate project schedule.
Schedule control
� ControlSchedule is the process of monitoring the
status of project activities to update project progress
and manage changes to the schedule baseline to
achieve the plan.
� The key benefit of this process is that it provides the means to
recognize deviation from the plan and take corrective and
preventive actions and thus minimize risk.
� Thereare many techniques used for schedule
control including...
� Variance Analysis
� Performance Reviews
� What-If Scenario Analysis
� Variance analysis and performance reviews will help you determine
if the project is progressing as planned. If it isn't, then what-if
scenario analysis can be used to identify any changes that could
help to bring the project schedule back on track.
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TIME ROBBERS
� The most challenging problem facing the project manager is
his
inability to say no.
� There are numerous time robbers in the project
management environment.These include:
� Incomplete work
� A job poorly done that must be done over
� Telephone calls, mail, and email
� Lack of adequate responsibility and commensurate authority
� Changes without direct notification/explanation
� Waiting for people
� Failure to delegate, or unwise delegation
� Poor retrieval systems
28🞂 Lack of information in a ready-to-use format
� EFFECTIVE TIME MANAGEMENT
� There are several techniques that project
managers can practice in order to make better
use of their time:
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Stress and burnout
What is Stress?
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What is burnout?
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What is stress?
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Symptoms of stress
Although we all experience stress differently, some
common symptoms include:
� Difficulty sleeping; � Sweaty hands or feet;
� Weight gain or
� Heartburn;
weight loss;
� Excessive sleeping;
� Stomach pain;
� Social isolation;
� Irritability;
� Fatigue;
� Teeth grinding;
� Nausea;
� Panic attacks;
� Feeling overwhelmed;
� Headaches;
� and obsessive or
� Difficulty
compulsive
concentrating behaviors.
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Burnout is
� consequences of “excessive stress” placed
on any individual, no matter their occupation.
� When we get to the point of no longer being able to
cope,
we are “burned out,” like a candle.
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� Thefactors that serve to make any occupation
stressful are
� responsibility without the authority or ability to exert
control, a necessity for perfection, the pressure of
deadlines, role ambiguity, role conflict, role overload, the
crossing of organizational boundaries, responsibility for
the actions of subordinates, and the necessity to keep up
with the information explosions or technological
breakthroughs.
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� Project
managers are subject to stress due to
several different facets of their jobs.This can
manifest itself in a variety of ways, such as:
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stress management is:
� “is set of techniques and programs
intended to help people deal more
effectively with stress in their lives by
analysing the specific stressors and
taking positive actions to minimize their
effects”
(Gale Encyclopaedia of Medicine, 2008).
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Yesterday is a cancelled check,
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Thank you
2 -Feb-23
The Quest44for H
Knowledge