diff --git a/knative-operator/deploy/resources/monitoring/role-service-monitor.yaml b/knative-operator/deploy/resources/monitoring/role-service-monitor.yaml
deleted file mode 100644
index c3d4c0376b..0000000000
--- a/knative-operator/deploy/resources/monitoring/role-service-monitor.yaml
+++ /dev/null
@@ -1,28 +0,0 @@
-apiVersion: rbac.authorization.k8s.io/v1
-kind: Role
-metadata:
-  name: knative-serving-prometheus-k8s
-rules:
-  - apiGroups:
-      - ""
-    resources:
-      - services
-      - endpoints
-      - pods
-    verbs:
-      - get
-      - list
-      - watch
----
-apiVersion: rbac.authorization.k8s.io/v1
-kind: RoleBinding
-metadata:
-  name: knative-serving-prometheus-k8s
-roleRef:
-  apiGroup: rbac.authorization.k8s.io
-  kind: Role
-  name: knative-serving-prometheus-k8s
-subjects:
-  - kind: ServiceAccount
-    name: prometheus-k8s
-    namespace: openshift-monitoring
diff --git a/knative-operator/deploy/resources/monitoring/source-service-monitor.yaml b/knative-operator/deploy/resources/monitoring/source-service-monitor.yaml
deleted file mode 100644
index 2c936264d7..0000000000
--- a/knative-operator/deploy/resources/monitoring/source-service-monitor.yaml
+++ /dev/null
@@ -1,7 +0,0 @@
-apiVersion: monitoring.coreos.com/v1
-kind: ServiceMonitor
-spec:
-  endpoints:
-    - port: http-metrics
-  namespaceSelector: {}
-
diff --git a/knative-operator/deploy/resources/monitoring/source-service.yaml b/knative-operator/deploy/resources/monitoring/source-service.yaml
deleted file mode 100644
index 51f4a5f04c..0000000000
--- a/knative-operator/deploy/resources/monitoring/source-service.yaml
+++ /dev/null
@@ -1,10 +0,0 @@
-apiVersion: v1
-kind: Service
-spec:
-  ports:
-    - name: http-metrics
-      port: 9090
-      protocol: TCP
-      targetPort: 9090
-  sessionAffinity: None
-  type: ClusterIP
diff --git a/knative-operator/pkg/common/monitoring.go b/knative-operator/pkg/common/monitoring.go
index 24c354d93c..9eca51131f 100644
--- a/knative-operator/pkg/common/monitoring.go
+++ b/knative-operator/pkg/common/monitoring.go
@@ -10,11 +10,13 @@ import (
 	monitoringv1 "github.com/prometheus-operator/prometheus-operator/pkg/apis/monitoring/v1"
 	appsv1 "k8s.io/api/apps/v1"
 	v1 "k8s.io/api/core/v1"
+	rbacv1 "k8s.io/api/rbac/v1"
 	"k8s.io/apimachinery/pkg/api/errors"
 	metav1 "k8s.io/apimachinery/pkg/apis/meta/v1"
 	"k8s.io/apimachinery/pkg/apis/meta/v1/unstructured"
 	"k8s.io/apimachinery/pkg/runtime/schema"
 	"k8s.io/apimachinery/pkg/types"
+	"k8s.io/client-go/kubernetes/scheme"
 	"sigs.k8s.io/controller-runtime/pkg/client"
 )
 
@@ -23,8 +25,6 @@ const (
 	operatorDeploymentNameEnvKey = "DEPLOYMENT_NAME"
 	// service monitor created successfully when monitoringLabel added to namespace
 	monitoringLabel = "openshift.io/cluster-monitoring"
-	rolePath        = "deploy/resources/monitoring/role-service-monitor.yaml"
-	TestRolePath    = "TEST_ROLE_PATH"
 )
 
 func SetupMonitoringRequirements(api client.Client, instance mf.Owner) error {
@@ -32,7 +32,7 @@ func SetupMonitoringRequirements(api client.Client, instance mf.Owner) error {
 	if err != nil {
 		return err
 	}
-	err = createRoleAndRoleBinding(instance, instance.GetNamespace(), getRolePath(), api)
+	err = createRoleAndRoleBinding(instance, instance.GetNamespace(), api)
 	if err != nil {
 		return err
 	}
@@ -94,15 +94,6 @@ func GetServerlessOperatorDeployment(api client.Client, namespace string) (*apps
 	return deployment, nil
 }
 
-func getRolePath() string {
-	// meant for testing only
-	ns, found := os.LookupEnv(TestRolePath)
-	if found {
-		return ns
-	}
-	return rolePath
-}
-
 func addMonitoringLabelToNamespace(namespace string, api client.Client) error {
 	ns := &v1.Namespace{}
 	if err := api.Get(context.TODO(), client.ObjectKey{Name: namespace}, ns); err != nil {
@@ -118,21 +109,65 @@ func addMonitoringLabelToNamespace(namespace string, api client.Client) error {
 	return nil
 }
 
-func createRoleAndRoleBinding(instance mf.Owner, namespace, path string, client client.Client) error {
-	manifest, err := mf.NewManifest(path, mf.UseClient(mfclient.NewClient(client)))
+func createRoleAndRoleBinding(instance mf.Owner, namespace string, client client.Client) error {
+	clientOptions := mf.UseClient(mfclient.NewClient(client))
+	rbacManifest, err := createRBACManifestForPrometheusAccount(namespace, clientOptions)
 	if err != nil {
-		return fmt.Errorf("unable to create role and roleBinding ServiceMonitor install manifest: %w", err)
+		return err
 	}
-	transforms := []mf.Transformer{mf.InjectOwner(instance), injectNameSpace(namespace)}
-	if manifest, err = manifest.Transform(transforms...); err != nil {
-		return fmt.Errorf("unable to transform role and roleBinding serviceMonitor manifest: %w", err)
+	transforms := []mf.Transformer{mf.InjectOwner(instance)}
+	if *rbacManifest, err = rbacManifest.Transform(transforms...); err != nil {
+		return fmt.Errorf("unable to transform role and roleBinding manifest for Prometheus account: %w", err)
 	}
-	if err := manifest.Apply(); err != nil {
-		return fmt.Errorf("unable to create role and roleBinding for ServiceMonitor %w", err)
+	if err := rbacManifest.Apply(); err != nil {
+		return fmt.Errorf("unable to create role and roleBinding for Prometheus account %w", err)
 	}
 	return nil
 }
 
+func createRBACManifestForPrometheusAccount(ns string, options mf.Option) (*mf.Manifest, error) {
+	var roleU = &unstructured.Unstructured{}
+	var rbU = &unstructured.Unstructured{}
+	role := rbacv1.Role{
+		ObjectMeta: metav1.ObjectMeta{
+			Name:      "knative-serving-prometheus-k8s",
+			Namespace: ns,
+		},
+		Rules: []rbacv1.PolicyRule{{
+			APIGroups: []string{""},
+			Resources: []string{"services", "endpoints", "pods"},
+			Verbs:     []string{"get", "list", "watch"},
+		}},
+	}
+	rb := rbacv1.RoleBinding{
+		ObjectMeta: metav1.ObjectMeta{
+			Name:      "knative-serving-prometheus-k8s",
+			Namespace: ns,
+		},
+		RoleRef: rbacv1.RoleRef{
+			APIGroup: "rbac.authorization.k8s.io",
+			Kind:     "Role",
+			Name:     role.Name,
+		},
+		Subjects: []rbacv1.Subject{{
+			Kind:      "ServiceAccount",
+			Name:      "prometheus-k8s",
+			Namespace: "openshift-monitoring",
+		}},
+	}
+	if err := scheme.Scheme.Convert(&role, roleU, nil); err != nil {
+		return nil, err
+	}
+	if err := scheme.Scheme.Convert(&rb, rbU, nil); err != nil {
+		return nil, err
+	}
+	rbacManifest, err := mf.ManifestFrom(mf.Slice([]unstructured.Unstructured{*roleU, *rbU}), options)
+	if err != nil {
+		return nil, err
+	}
+	return &rbacManifest, nil
+}
+
 func getOperatorDeploymentName() (string, error) {
 	ns, found := os.LookupEnv(operatorDeploymentNameEnvKey)
 	if !found {
@@ -140,15 +175,3 @@ func getOperatorDeploymentName() (string, error) {
 	}
 	return ns, nil
 }
-
-// Use a custom transformation otherwise if mf.InjectNameSpace was used
-// it would wrongly update rolebinding subresource namespace as well
-func injectNameSpace(namespace string) mf.Transformer {
-	return func(u *unstructured.Unstructured) error {
-		kind := u.GetKind()
-		if kind == "Role" || kind == "RoleBinding" {
-			u.SetNamespace(namespace)
-		}
-		return nil
-	}
-}
diff --git a/knative-operator/pkg/common/monitoring_test.go b/knative-operator/pkg/common/monitoring_test.go
index 8fa9046943..d873447b7e 100644
--- a/knative-operator/pkg/common/monitoring_test.go
+++ b/knative-operator/pkg/common/monitoring_test.go
@@ -30,7 +30,6 @@ var (
 
 func init() {
 	os.Setenv(operatorDeploymentNameEnvKey, "knative-openshift")
-	os.Setenv(TestRolePath, "testdata/role-service-monitor.yaml")
 }
 
 func TestSetupMonitoringRequirements(t *testing.T) {
diff --git a/knative-operator/pkg/common/service_monitor.go b/knative-operator/pkg/common/service_monitor.go
index b7e848b9da..267881b5b2 100644
--- a/knative-operator/pkg/common/service_monitor.go
+++ b/knative-operator/pkg/common/service_monitor.go
@@ -1,9 +1,7 @@
 package common
 
 import (
-	"context"
 	"fmt"
-	"os"
 
 	mfclient "github.com/manifestival/controller-runtime-client"
 	mf "github.com/manifestival/manifestival"
@@ -12,97 +10,76 @@ import (
 	v1 "k8s.io/api/core/v1"
 	metav1 "k8s.io/apimachinery/pkg/apis/meta/v1"
 	"k8s.io/apimachinery/pkg/apis/meta/v1/unstructured"
-	"k8s.io/apimachinery/pkg/types"
+	"k8s.io/apimachinery/pkg/util/intstr"
 	"k8s.io/client-go/kubernetes/scheme"
 	"knative.dev/pkg/kmeta"
 	"sigs.k8s.io/controller-runtime/pkg/client"
 )
 
 const (
-	EventingSourceServiceMonitorPath = "deploy/resources/monitoring/source-service-monitor.yaml"
-	EventingSourcePath               = "deploy/resources/monitoring/source-service.yaml"
-	SourceLabel                      = "eventing.knative.dev/source"
-	SourceNameLabel                  = "eventing.knative.dev/sourceName"
-	SourceRoleLabel                  = "sources.knative.dev/role"
-	TestMonitor                      = "TEST_MONITOR"
-	TestSourceServiceMonitorPath     = "TEST_SOURCE_SERVICE_MONITOR_PATH"
-	TestSourceServicePath            = "TEST_SOURCE_SERVICE_PATH"
+	SourceLabel     = "eventing.knative.dev/source"
+	SourceNameLabel = "eventing.knative.dev/sourceName"
+	SourceRoleLabel = "sources.knative.dev/role"
 )
 
-func SetupSourceServiceMonitor(client client.Client, instance *appsv1.Deployment) error {
+func SetupSourceServiceMonitorResources(client client.Client, instance *appsv1.Deployment) error {
 	labels := instance.Spec.Selector.MatchLabels
-
 	clientOptions := mf.UseClient(mfclient.NewClient(client))
-	// create service for the deployment
-	manifest, err := mf.NewManifest(getMonitorPath(TestSourceServicePath, EventingSourcePath), clientOptions)
+	// Create service monitor resources for source
+	smManifest, err := createServiceMonitorManifest(labels, instance.Name, instance.Namespace, clientOptions)
 	if err != nil {
-		return fmt.Errorf("unable to parse source service manifest: %w", err)
-	}
-	transforms := []mf.Transformer{updateService(labels, instance.Name), mf.InjectOwner(instance), mf.InjectNamespace(instance.Namespace)}
-	if manifest, err = manifest.Transform(transforms...); err != nil {
-		return fmt.Errorf("unable to transform source service manifest: %w", err)
-	}
-	if err := manifest.Apply(); err != nil {
 		return err
 	}
-
-	// get service back, needed for the UID and setting owner refs
-	srv := &v1.Service{}
-	if err := client.Get(context.TODO(), types.NamespacedName{Name: instance.Name, Namespace: instance.Namespace}, srv); err != nil {
-		return err
-	}
-	// create service monitor for source
-	manifest, err = mf.NewManifest(getMonitorPath(TestSourceServiceMonitorPath, EventingSourceServiceMonitorPath), clientOptions)
-	if err != nil {
-		return fmt.Errorf("unable to parse source service monitor manifest: %w", err)
-	}
-	transforms = []mf.Transformer{updateServiceMonitor(labels, instance.Name), mf.InjectOwner(srv), mf.InjectNamespace(instance.Namespace)}
-	if manifest, err = manifest.Transform(transforms...); err != nil {
+	if *smManifest, err = smManifest.Transform(mf.InjectOwner(instance)); err != nil {
 		return fmt.Errorf("unable to transform source service monitor manifest: %w", err)
 	}
-	return manifest.Apply()
+	return smManifest.Apply()
 }
 
-func getMonitorPath(envVar string, defaultVal string) string {
-	path := os.Getenv(envVar)
-	if path == "" {
-		return defaultVal
+func createServiceMonitorManifest(labels map[string]string, depName string, ns string, options mf.Option) (*mf.Manifest, error) {
+	var svU = &unstructured.Unstructured{}
+	var smU = &unstructured.Unstructured{}
+	sms := v1.Service{
+		ObjectMeta: metav1.ObjectMeta{
+			Name:      depName,
+			Namespace: ns,
+			Labels:    kmeta.CopyMap(labels),
+		},
+		Spec: v1.ServiceSpec{
+			Ports: []v1.ServicePort{{
+				Name:       "http-metrics",
+				Port:       9090,
+				TargetPort: intstr.FromInt(9090),
+				Protocol:   "TCP",
+			}},
+			Selector: kmeta.CopyMap(labels),
+		}}
+	sms.Labels["name"] = sms.Name
+	if err := scheme.Scheme.Convert(&sms, svU, nil); err != nil {
+		return nil, err
 	}
-	return path
-}
-
-func updateService(labels map[string]string, depName string) mf.Transformer {
-	return func(resource *unstructured.Unstructured) error {
-		if resource.GetKind() != "Service" {
-			return nil
-		}
-		var svc = &v1.Service{}
-		if err := scheme.Scheme.Convert(resource, svc, nil); err != nil {
-			return err
-		}
-		svc.Name = depName
-		svc.Labels = kmeta.CopyMap(labels)
-		svc.Spec.Selector = kmeta.CopyMap(labels)
-		svc.Labels["name"] = svc.Name
-		return scheme.Scheme.Convert(svc, resource, nil)
+	sm := monitoringv1.ServiceMonitor{
+		ObjectMeta: metav1.ObjectMeta{
+			Name:      depName,
+			Namespace: ns,
+			Labels:    kmeta.CopyMap(labels),
+		},
+		Spec: monitoringv1.ServiceMonitorSpec{
+			Endpoints: []monitoringv1.Endpoint{{Port: "http-metrics"}},
+			NamespaceSelector: monitoringv1.NamespaceSelector{
+				MatchNames: []string{ns},
+			},
+			Selector: metav1.LabelSelector{
+				MatchLabels: map[string]string{"name": depName},
+			},
+		}}
+	sm.Labels["name"] = sm.Name
+	if err := scheme.Scheme.Convert(&sm, smU, nil); err != nil {
+		return nil, err
 	}
-}
-
-func updateServiceMonitor(labels map[string]string, depName string) mf.Transformer {
-	return func(resource *unstructured.Unstructured) error {
-		if resource.GetKind() != "ServiceMonitor" {
-			return nil
-		}
-		var sm = &monitoringv1.ServiceMonitor{}
-		if err := scheme.Scheme.Convert(resource, sm, nil); err != nil {
-			return err
-		}
-		sm.Name = depName
-		sm.Labels = kmeta.CopyMap(labels)
-		sm.Spec.Selector = metav1.LabelSelector{
-			MatchLabels: map[string]string{"name": sm.Name},
-		}
-		sm.Labels["name"] = sm.Name
-		return scheme.Scheme.Convert(sm, resource, nil)
+	smManifest, err := mf.ManifestFrom(mf.Slice([]unstructured.Unstructured{*svU, *smU}), options)
+	if err != nil {
+		return nil, err
 	}
+	return &smManifest, nil
 }
diff --git a/knative-operator/pkg/common/sources/source_deployment_discovery_controller.go b/knative-operator/pkg/common/sources/source_deployment_discovery_controller.go
index 4a83a3c55f..062ef01148 100644
--- a/knative-operator/pkg/common/sources/source_deployment_discovery_controller.go
+++ b/knative-operator/pkg/common/sources/source_deployment_discovery_controller.go
@@ -82,7 +82,7 @@ func (r *ReconcileSourceDeployment) Reconcile(ctx context.Context, request recon
 	if err := common.SetupMonitoringRequirements(r.client, dep); err != nil {
 		return reconcile.Result{}, err
 	}
-	if err := common.SetupSourceServiceMonitor(r.client, dep); err != nil {
+	if err := common.SetupSourceServiceMonitorResources(r.client, dep); err != nil {
 		return reconcile.Result{}, err
 	}
 	return reconcile.Result{}, nil
diff --git a/knative-operator/pkg/common/sources/source_deployment_discovery_controller_test.go b/knative-operator/pkg/common/sources/source_deployment_discovery_controller_test.go
index d3c964b838..6b155540e7 100644
--- a/knative-operator/pkg/common/sources/source_deployment_discovery_controller_test.go
+++ b/knative-operator/pkg/common/sources/source_deployment_discovery_controller_test.go
@@ -68,10 +68,6 @@ var (
 
 func init() {
 	os.Setenv("OPERATOR_NAME", "TEST_OPERATOR")
-	os.Setenv(common.TestRolePath, "../testdata/role-service-monitor.yaml")
-	os.Setenv(common.TestSourceServiceMonitorPath, "../testdata/source-service-monitor.yaml")
-	os.Setenv(common.TestSourceServicePath, "../testdata/source-service.yaml")
-
 	apis.AddToScheme(scheme.Scheme)
 }
 
diff --git a/knative-operator/pkg/common/testdata/role-service-monitor.yaml b/knative-operator/pkg/common/testdata/role-service-monitor.yaml
deleted file mode 100644
index c3d4c0376b..0000000000
--- a/knative-operator/pkg/common/testdata/role-service-monitor.yaml
+++ /dev/null
@@ -1,28 +0,0 @@
-apiVersion: rbac.authorization.k8s.io/v1
-kind: Role
-metadata:
-  name: knative-serving-prometheus-k8s
-rules:
-  - apiGroups:
-      - ""
-    resources:
-      - services
-      - endpoints
-      - pods
-    verbs:
-      - get
-      - list
-      - watch
----
-apiVersion: rbac.authorization.k8s.io/v1
-kind: RoleBinding
-metadata:
-  name: knative-serving-prometheus-k8s
-roleRef:
-  apiGroup: rbac.authorization.k8s.io
-  kind: Role
-  name: knative-serving-prometheus-k8s
-subjects:
-  - kind: ServiceAccount
-    name: prometheus-k8s
-    namespace: openshift-monitoring
diff --git a/knative-operator/pkg/common/testdata/source-service-monitor.yaml b/knative-operator/pkg/common/testdata/source-service-monitor.yaml
deleted file mode 100644
index 2c936264d7..0000000000
--- a/knative-operator/pkg/common/testdata/source-service-monitor.yaml
+++ /dev/null
@@ -1,7 +0,0 @@
-apiVersion: monitoring.coreos.com/v1
-kind: ServiceMonitor
-spec:
-  endpoints:
-    - port: http-metrics
-  namespaceSelector: {}
-
diff --git a/knative-operator/pkg/common/testdata/source-service.yaml b/knative-operator/pkg/common/testdata/source-service.yaml
deleted file mode 100644
index 51f4a5f04c..0000000000
--- a/knative-operator/pkg/common/testdata/source-service.yaml
+++ /dev/null
@@ -1,10 +0,0 @@
-apiVersion: v1
-kind: Service
-spec:
-  ports:
-    - name: http-metrics
-      port: 9090
-      protocol: TCP
-      targetPort: 9090
-  sessionAffinity: None
-  type: ClusterIP
diff --git a/knative-operator/pkg/controller/knativeeventing/knativeeventing_controller_test.go b/knative-operator/pkg/controller/knativeeventing/knativeeventing_controller_test.go
index 8c0af0c0f4..ddb2e99592 100644
--- a/knative-operator/pkg/controller/knativeeventing/knativeeventing_controller_test.go
+++ b/knative-operator/pkg/controller/knativeeventing/knativeeventing_controller_test.go
@@ -6,7 +6,6 @@ import (
 	"testing"
 
 	"github.com/openshift-knative/serverless-operator/knative-operator/pkg/apis"
-	"github.com/openshift-knative/serverless-operator/knative-operator/pkg/common"
 	"github.com/openshift-knative/serverless-operator/knative-operator/pkg/controller/dashboard"
 	corev1 "k8s.io/api/core/v1"
 	"k8s.io/apimachinery/pkg/api/errors"
@@ -45,8 +44,6 @@ func init() {
 	os.Setenv(dashboard.EventingSourceDashboardPathEnvVar, "../dashboard/testdata/grafana-dash-knative-eventing-source.yaml")
 	os.Setenv(dashboard.EventingBrokerDashboardPathEnvVar, "../dashboard/testdata/grafana-dash-knative-eventing-broker.yaml")
 	os.Setenv(dashboard.EventingResourceDashboardPathEnvVar, "../dashboard/testdata/grafana-dash-knative-eventing-resources.yaml")
-	os.Setenv(common.TestRolePath, "../dashboard/testdata/role-service-monitor.yaml")
-	os.Setenv(common.TestMonitor, "true")
 
 	apis.AddToScheme(scheme.Scheme)
 }
diff --git a/knative-operator/pkg/controller/knativeserving/knativeserving_controller_test.go b/knative-operator/pkg/controller/knativeserving/knativeserving_controller_test.go
index ff382b493f..9fcec472cb 100644
--- a/knative-operator/pkg/controller/knativeserving/knativeserving_controller_test.go
+++ b/knative-operator/pkg/controller/knativeserving/knativeserving_controller_test.go
@@ -125,7 +125,6 @@ func init() {
 	os.Setenv("OPERATOR_NAME", "TEST_OPERATOR")
 	os.Setenv(quickstart.EnvKey, "../../../deploy/resources/quickstart/serverless-application-quickstart.yaml")
 	os.Setenv(dashboard.ServingResourceDashboardPathEnvVar, "../dashboard/testdata/grafana-dash-knative-serving-resources.yaml")
-	os.Setenv("TEST_ROLE_PATH", "../dashboard/testdata/role-service-monitor.yaml")
 	apis.AddToScheme(scheme.Scheme)
 }