Access Denied: XXXX needs the following permission(s) to perform this action: Manage Audit streams – Azure DevOps Error

Full Error:
Access Denied: Ramanean needs the following permission(s) to perform this action: VManage Audit streams

Solution:
The user needs to have Project Collection Administrator access to Manage Audit streams or create a specific group

API Group

     "$id": "1",
     "customProperties": {
         "Descriptor": "Microsoft.IdentityModel.Claims.ClaimsIdentity;00037FFEFF7D4161@Live.com",
         "IdentityDisplayName": "Ramanean",
         "Token": "AllPermissions",
         "RequestedPermissions": 4,
         "NamespaceId": "1f4179b3-6bac-4d01-b421-71ea09171400"
     },
     "innerException": null,
     "message": "Access Denied: Ramanean needs the following permission(s) to perform this action: Manage audit streams",
     "typeName": "Microsoft.VisualStudio.Services.Security.AccessCheckException, Microsoft.VisualStudio.Services.WebApi",
     "typeKey": "AccessCheckException",
     "errorCode": 0,
     "eventId": 3000
 }