Is it possible to share a project with more people with plugins or assets?

Hi, I’m a new Unreal Engine 5 developer, and we plan to start developing a game with a total of four people. I wanted to know if it is possible to share an Unreal Engine 5 project with plugins and assets, being able to be editable, without all team members having to download the same plugins etc…
In other words, as long as only one person downloads the plugins, assets etc (the one who started the project), the other members can use the added functions without any problem.

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