1. A method for governing a modeling system, comprising: collecting information associated with an analytic model and one or more instances of the analytic model; defining one or more policies associated with the analytic model; defining one or more policies associated with the one or more instances of the analytic model; and monitoring, using a processor, the analytic model and the one or more instances of the analytic model based on at least some of the collected information, the one or more policies associated with the analytic model and the one or more policies associated with the one or more instances of the analytic model.