Determining the minimum vSphere privileges that is required to perform a given vSphere operation (UI/API) has been a huge customer challenge to say the least. Strategies have included guessing along with trial and error by creating a custom vSphere Role and slowly removing privileges until you have identified the minimum required privileges. If you are familiar with the vSphere API and know exactly which API methods and properties are consumed, then you can use the vSphere API Reference since every method and property includes the specific privilege required in the documentation, but this method is pretty tedious and time consuming.
If only we had a way to record all the vSphere privilege that was used for a specific set of operation(s) in vCenter Server ... 🤔
Apparently I missed the initial news, but this was actually one of the new features that was introduced in vSphere 8.0 Update 1 called the vSphere Privilege Recorder! 😆