The correct option is Administer Projects.

Administer Projects grants project level administration rights so a user can create and modify project versions and manage the project components. This permission covers the configuration and settings for a project which includes adding and editing versions and components and other release related configuration.

Schedule Issues is incorrect because that permission only allows users to set scheduling fields on issues and it does not give access to create or manage project versions or components.

Manage Components is incorrect because most permission schemes do not define a separate global permission with this exact name and component management is handled through the project administration permission. The ability to add and edit components is therefore provided by project administration rather than a distinct "Manage Components" permission.

Manage Project Roles is incorrect because it only lets a user create and modify project roles and their membership and it does not allow creating versions or managing components.

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