An important component of the Crown land forest management system is the evaluation of Crown Timber Licensee performance against a set of clearly defined forest-wide goals and objectives that are in line with social, environmental, and economic values and principles. Licensee performance is evaluated on both an annual and 5-year basis. The formal 5-year evaluation is conducted by the Department of Natural Resources and Energy Development (DNRED) and measures licensee performance against a set of outcomes as defined in “Schedule G” (Performance Evaluation Criteria) of the Forest Management Agreement.