4. Develop a formal time schedule to better manage your time. First create a chart showing all the hours in a day and all the days of the week. Block out all those times that are already committed, such as sleeping, class time, work, and daily chores. Now allocate a specific amount of time to study for your classes and to exercise. Follow this plan for a week to see whether you need to make any modifications. Provide an analysis of your time use.