“Time is money”, but difficult to manage. But it is easier to cope with a time management system. If you are wasting time, you are at a loss; subsequently, your business is at a loss. Therefore, you must take the time seriously and complete your task within the given time. Many business deals are taken back due to the delay in project submission. Hence, organizations understand the value of time and the importance of a time management system. Companies train their employees to manage time.