Yes, it is possible to manage the ability to create alerts through security roles. You can define security roles and assign specific privileges to those roles. By customizing the security roles, you can control who has the ability to create change-based alerts. This allows you to limit the access to creating alerts for only certain users or roles.
If role-based alerts are not an option, there are a few other alternatives available. One option is to utilize customizations or development to create a solution that restricts the creation of alerts for specific users. This would involve implementing custom logic or rules to enforce the restrictions.
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