Governance Policies

“Governance” refers to the method by which the System is directed and controlled. A sound governance structure defines the roles of the different parties that participate in the decision-making process, including the identification of the matters that require action, analysis of options, and the process for making decisions once issues have been evaluated. It also includes the process for implementing and monitoring decisions, as well as assessing their outcomes. Good governance embraces the principles of accountability, transparency, compliance with legal requirements, effectiveness and efficiency, inclusiveness, fairness, responsiveness, and predictability.