What is the importance of data governance in Data Engineering?

Accuracy, consistency, security, and availability define data governance in Data Engineering across the organization. Good governance lays a basis for standards regarding data quality, access controls, and sometimes compliance with governmental or industry regulations such as GDPR or HIPAA. The Data Engineers will then enforce the governance by clearly defining data policies, establishing mechanisms for monitoring, and managing metadata. With good data governance, one can trust the data, failure risks are minimal, and decision-making becomes better.