Time management is the process of planning, prioritising and practising where you spend your time so as to achieve your work and personal goals. Since we all have only 24 hours in a day, where and how we spend our time has a lot to do with our overall contentment and stress (or lack of it). It is generally accepted now that to manage your time, one needs to manage priorities. This skill can play a huge role in determining success and quality of your life.