The purpose of this study was to collect preliminary validity evidence for a time management scale for exercise. An initial pool of 91 items was developed from existing literature. Ten exercise/health psychologists evaluated each of the items in terms of relevance and representativeness. Forty-nine items met all criteria. Exploratory factor analysis of the initial pool of items with a sample of 501 undergraduate students revealed an interpretable 32-item, 4-factor solution: exercise importance, exercise documentation, perceived ability to manage time for exercise, and setting exercise goals. Internal consistency values ranged from 0.73 to 0.91. Time management for exercise appears to be related to exercise behavior as indicated by moderate correlations between each of the subscales and exercise behavior. (Contains 4 tables and 5 footnotes.)