The significance of policy analysis in governance lies in its role for informed decision-making and efficient resource allocation. It provides a systematic assessment of policy options by evaluating their potential impacts, alternatives, and costs. Through rigorous analysis, policymakers can identify the most effective strategies to address specific issues, aligning with public needs and values. Additionally, policy analysis promotes transparency and accountability in governance, as it provides a rationale for decisions. Ultimately, a robust policy analysis process is essential for effective governance and responsive public policy outcomes.