In the first part this article discusses a few basic theoretical problems dealing with role of psychological time experience in the framework of behaviour regulation. Psychological time is defined as a set of cognitive dimensions for representing the personal beliefs about time nature, time flow, and significance of past, present and future. In the second (empirical) part of article the factorial solution (exploration and confirmation model) for structuralization of eight time dimensions are presented. Three factors were extracted which explain 73% of total variance. In the proposed solution the first factor is described as temporal organization of person's activity (46% of total variance); this factor has high loading for telicity, planning, detailness, use of time, and attention to future. The second factor (15% of total variance) clearly represend the range of time perspective, which connect the past with the future (both have a positive loadings); concentration on the present has a high negative loading in this factor. The third factor (12% of total variance) represent time pressure as emotional experience.