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Being more effective on your projects has personal benefits for you as a PM. Project managers who can bring in projects consistently and according to schedule and budget are rock stars in the project management world. Clients will want to hire you because they will notice your successful track record. Besides, you'll enjoy your work more since the daily tasks won't seem so difficult. Once you can get the project onto a consistent schedule, and all the team members and stakeholders are moving in the same direction, projects won't be as difficult to complete. You can then enjoy yourself and still get an excellent job done.
You will develop winning teams that are rock stars in project management. They'll want to work with you in the future because an effective PM leads their team in a way that makes it a joy to work on projects. They will also, naturally, give their best in return. They'll respect you, not only for your success, but also for understanding their jobs and how you let them work most effectively. We know that people are happier at work when they have some control over it, so to the extent you can empower team members to accomplish their jobs, the better it will be for their morale.
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