Everything is important, but in Grad school some things definitely seem to be more important. When there are deadlines it’s hard not to feel the pressure to prioritize a task. Yet, the projects or activities that we find important, but don’t have an immediate deadline or earn us a grade in Grad School still need a place in our lives. This article from a professor at the University Washington gives some insight in how to manage tasks of high importance, high urgency vs. tasks os high importance, low urgency.
http://www.grad.washington.edu/mentoring/memos/time-management.shtml