GCP - Create Service Account permission denied

iam.serviceAccounts.create permission not granted for the lab user

ERROR: (gcloud.iam.service-accounts.create) [kk_lab_user_724916@kkgcplabs02.com] does not have permission to access projects instance [kkgcplabs01-049] (or it may not exist): Permission ‘iam.serviceAccounts.create’ denied on resource ‘//cloudresourcemanager.googleapis.com/projects/kkgcplabs01-049’ (or it may not exist). This command is authenticated as kk_lab_user_724916@kkgcplabs02.com which is the active account specified by the [core/account] property.