Time management, Parkinson's Law and the Pareto Principle
If you learn the best time management strategies that work for you, you won’t feel like time is always running out. You will be more productive in the time you spend working and you will produce more valuable content. Parkinson’s Law with regard to time explains that a job often expands to fill the time available to accomplish the task. So, if you set aside three hours to do a task that really only takes 30 minutes, it is entirely possible that you will stretch out the task to actually take three hours. Try to plan your schedule in a realistic way – imagine exactly how long a task should take and allot a specific amount of time to do that task. The Pareto Principle has an 80-20 rule. 20% of the time expended to do a project produces 80% of the results. Whereas, 80% of the time expended results in only 20% of the outcomes. This speaks volumes about how good we all are at wasting time. The majority of valuable work you produce will be created in only 20% of the amount of time you are working. If you keep this principle in mind, you will be able to manage your time most effectively. No more all-nighters, no more sitting for hours at the computer writing and perfecting a blog post – chances are, the work you produce at the beginning is sufficient and you are essentially wasting your valuable time continuing to work.