3380677 - Switch to SCMON fails due to "Data access error: Error during configuration access (Insufficient au thorization)"

You are attempting to switch to SCMON for usage logging, the switch fails and an error is visible in the SM:SCMON_CONTROL job log:

Checking [SID] system
SCMON extractor is configured to fetch Usage data from [SID] system based on UPL ST-PI (Multi-cube)
Failure to switch the new environment for [SID] system
Data access error: Error during configuration access (Insufficient au thorization) 

SAP Solution Manager 7.2

ccm, custom code management, usage logging, switch to SCMON, determine prerequisites, SCMON_CONTROL, failure to switch the new environment, data access error: Error during configuration access (Insufficient au thorization)  , KBA , SV-SMG-CCM , Custom Code Management , Problem