Being senior, to me, is best illustrated by a story:
Me: "Sometimes I feel like I'm psychic"
Co-worker: "How so?"
Me: "Many times on projects, I can tell at either the planning stages or the very early implementation steps if it's going to go well or be a disaster. e.g. people will say they love templated configs but they don't account for what can go wrong when there is a bug in the template etc etc"
Co-worker: "I don't think that's being psychic. That means you are a senior engineer who has seen so many projects that you can quickly pattern match on if the project is going to succeed or fail based on only the first 20% of the project."
I feel this way now, but with companies.
Ironically this can cause a lot of senior engineers to double down on conservative practices and fail to innovate or take risk imo. I’ve worked with several people at a higher level than me with more work experience who were for all effects and purposes complete idiots.