What does the 'Permission Settings' feature control in Smartsheet?

The 'Permission Settings' feature in Smartsheet is integral for managing how users interact with a specific sheet or workspace. This feature directly controls who can view, edit, or share that Smartsheet, allowing project managers and administrators to define and restrict access based on roles and responsibilities.

By managing permissions effectively, you can ensure that sensitive information is only accessible to authorized users while permitting collaborators to engage with the project as needed. This fosters a collaborative environment while maintaining control over important project documentation.

The other options, while relevant in various aspects of project management, do not accurately capture the primary functionality of the Permission Settings feature. For instance, the ability to edit the project's timeline pertains more to individual task management within the project rather than access control. Similarly, access to historical data and the capability to create new reports and dashboards are functions based on user permissions, but they are not the focal point of the Permission Settings feature itself. Instead, those actions may be influenced by the permissions established but do not represent the direct control exercised through the Permission Settings.