Stop thinking about  features features features when talking about governance. When designing governance for a SharePoint implementation, a lot (not to say all) energy and words go out to technical stuff, SLA's  and not to the things that define the business value. And the business value is not only a perfect technically tuned and performant SharePoint farm(if that even exists). 

Speaker: Patrick Sledz
Co-founder and Co-owner of STS, a company focused on IT implementations and servicing for SME. Starter with SharePoint 2003 (SPS 2003) in 2005 and was so impressed with MOSS 2007 (in 2006) that he became a (non-technical) SharePoint consultant. Currently helping a multinational leader in fertilizer to deploy SharePoint globally. (They made the same mistake to drive SharePoint mainly by IT). In my spare time I like to dive (scubadiving), run from time to time and spend time with my lovely wife and 2 kids.