Time management is the process of planning, organizing, and controlling how much time to spend on specific activities to maximize productivity and efficiency. By setting clear priorities, creating schedules, and avoiding procrastination, individuals can manage their workload more effectively, reduce stress, and achieve both personal and professional goals. Good time management enables a balanced approach to work and life, ensuring important tasks are completed while leaving room for relaxation and self-care. It is a key skill that promotes focus, discipline, and better decision-making in daily activities.