In majority cases it is observed that the project cross limits of scope time cost, when you have issue/s with resource/s and not with process (scope) or schedule (time) and the allotted funds/reserves.
If a project manager is not aware about scope, processes and knowledge areas of the project, not only the revenue but credibility of organization also can be questioned.
With day to day interaction with n number of people from family and friends to collogues, businessmen, and people walking, driving on street; I see very few use senses for forecasting on possible situation/s appearing from an act…
It is not just a task or a project management but, efficiency is an integral part of management of any operation. As project is part of operation so the efficiency is also enviable.