Time management is one of the 10 knowledge areas that project managers must master to obtain a Project Management Professional (PMP)® certification from the Project Management Institute. It's essential part of managing a project because it helps ensure the project is completed on time. Time management is the management of the time spent, and progress made, on project tasks and activities. The Project - 13 Feb 2020. Excellent time management in project management requires the planning, scheduling, monitoring and controlling of all project activities. Join the Project hosts Peter Van Onselen, Lisa Wilkinson, Rove McManus, Katherine Feeney and our guest panellist, comedian Nick Cody as they dissect and digest the daily news and events.