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Whether or not you agree with this quote, it is important to remember that perceptions of time differ across cultures and even between individuals. For example, you may have friends who always arrive five minutes late, while you prefer to arrive five minutes early. Culturally speaking, predominantly European-American universities tend to operate on a stricter schedule. This may include definite start and ending times for classes and meetings, or specific due dates for assignments and projects. Because of this, time management is a useful skill to develop.