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  3. Run Rate Governance

Run Rate Governance

Root Term: Run Rate

Abbreviations or Acronyms: None

Definition:

1. (noun) The acts of controlling, directing, and standardizing the conduct, actions, and solutions associated with the oversight of Run Rate Management.

2. (noun) The documented set of policies, standards, rules, and controls that define how one or more Run Rate Items are to be registered, tracked, and managed within an Organization.

3. (noun) An Organization, or organizational unit, whose primary responsibility is to establish, oversee, and enforce the policies, standards, and controls governing the management of a set of Run Rate Items.

Synonyms: None

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