To organize GCP projects based on different business units and manage IAM permissions, you should create an organization node and assign folders for each business unit. This approach allows you to logically separate projects under folders and apply IAM policies at the folder level.

Step-by-Step:

Create Organization Node: Ensure that your GCP account is linked to an organization.

Create Folders for Business Units:

Navigate to the GCP Console > IAM & Admin > Resource Manager.

Create a folder for each business unit under the organization node.

Move Projects to Folders:

Move existing projects into the respective folders according to the business unit.

Set IAM Policies:

Assign IAM roles and permissions at the folder level to manage access for each business unit independently.

Monitor and Manage: Use Cloud Audit Logs and other GCP tools to monitor the activities and ensure compliance with the organization’s policies.

Creating and Managing Folders

Managing IAM Policies