Use the process configuration from another project area

I cannot work out from the documentation or from experimentation what aspects of the process configuration get re-used when this feature is activated.

https://www-01.ibm.com/support/docview.wss?uid=swg21319600

I want to create a team that will access part of a project and have 2 roles within that team. I want those team roles to have certain access controls to modify certain attributes within certain artifact types (these artifact types will be common across these projects - with URIs).

I want to re-use this configuration across multiple projects.

Can this feature be used to achieve this outcome?

If not then what does the feature actually do?