Time is one of the essential component of project management.  For a project manager, it is important to consider your time as precious, and manage it accordingly.  You will not optimize your time management, until you start to consider your time as very precious.

Here is one article on time management for project managers.

Good elements from the articles.

• It’s best to avoid team meetings where you go round the room asking each person to give a status update. These meetings have little value and waste time.
• Stop micro-managing. You’ve selected the right team for the job. Let them get on with what they are best at, while you concentrate on steering the project to a successful conclusion.
• Many project managers make the mistake of getting involved in “doing the work.” Avoid this at all costs.

Six Time Management Tips for Project Managers

To be a successful project manager you must be able to manage your time well. The best project managers ensure they are productive for most of their time and avoid time-wasters at all costs. Here are some tips that can help you manage your time more effectively.