THE SURE WORD FOR TODAY'S QUOTATION FOR THE WEEK:
GOD HAS GIVEN ME A DIVINE PURPOSE.
Click Here for an Audio Recording of this Message.
The Cost of Time — Part 6.
To every thing there is a season, and a time to every purpose under the heaven.
Ecclesiastes 3: 1 (KJV).
The triple constraint theory may sound complicated, but it's simple. If you are a project manager, you will understand the importance of the triple constraint. I always say we are all project managers. We are all engaged in one form or type of project. I don't want to sound technical, but I am here to remind you how valuable you are, even if you think you are not. You have lots of transferable skills. The triple constraint is time, cost, and scope. We have cost and time, and we are dealing with the cost of time.
In transport economics, the value of time is the opportunity cost of the traveller's time on their journey. In essence, this makes it the amount that a traveller would be willing to pay to save time or the amount they would accept as compensation for lost time. Every successful business has a cost they associate with their time as per their services. Don't you think you are not successful because your time has no value? You are not aware of the cost of time, so you waste time. You let each Tom, Dick, and Harry steal your time, and then you wonder why things aren't working out for you.
I give my time to people through service, help, support and whatever form it demands, but I don't give a second when I am aware they don't value my time. Giving my time to people is my way of lending to the Lord. It is not about the people I provide the time to. They needed my time because they are poor of time, and the Lord says if I give to the poor, I lend to him. Just the same way, I will not give my money to beggars who depend on drugs; I will not give my time to anyone that has no regard for my time. I must trade my time wisely.
Cost control is the practice of identifying and reducing business expenses to increase profits, and it starts with the budgeting process. You need to cost control your time because it is the essential commodity you have as collateral to trade.
_______________________________________________________
All Scripture quotations are taken from the King James Version of the HOLY BIBLE unless otherwise indicated.
‘The Sure Word for Today’ is a publication of ‘The Sure Foundation Transcend Ministries,’ registered in the United Kingdom.
The Sure Word©2021 All Rights Reserved
___________________________________________