Managing time is closely related to managing which resource?

• A. People
• B. Money
• C. Materials
• D. Energy

Answer: (B)

Time management is tightly linked to money because every hour spent on activities carries a cost—staff wages and overtime, equipment rental, and the broader impact on the budget and cash flow. When you schedule work efficiently, you reduce these costs and help keep the project within budget. While time can influence other resources like people, materials, and energy, the direct, most noticeable effect of managing time is on financial resources: time drives cost, and controlling it helps manage money effectively.