vSphere 8.0
vSphere UI behavior change in vSphere 8.0.
Use VM Storage Policy.
Create a VM Storage Policy for Host-Based Data Services
If you enable host-based rules in “2. Policy structure”, you can configure IOPS limits and IOPS shares in the Storage I/O Control tab in “3. Host-based services”.
In addition to custom configuration, you can also specify the storage policy component here.