You have insufficient permission to move workitem to another project – Azure DevOps Error

Full Error:
You have insufficient permission to move workitem to another project.This error usually occurs when the user is part of a group where the permission to move workitems to another project is “denied”

Solution:
To resolve this, contact your Project Administrator and ask them to turn on the permissions to move workitem to another project.

As in the below screenshot, the “Move work items out of this project” should be set to “Allow” for the group or team in which the user is part of

For Example if the User is part of Contributors, then the below permission in the Contributors group should be set to “Allow”