Managed

       At maturity level 2, an organization has achieved all the specific and generic goals of the maturity level

  2 process areas.In other words, the projects of the organization have ensured that requirements are

  managed and that processes   are planned, performed, measured, and controlled.

      The process discipline reflected by maturity level 2 helps to ensure that existing practices are retained

  during times of stress. When these practices are in place, projects are performed and managed 

  according to their documented plans.

       At maturity level 2, requirements, processes, work products, and services are managed. The status

  of the work products and the delivery of services are visible to management at defined points (for

  example, at major milestones and   at the completion of major tasks). 

       Commitments are established among relevant stakeholders and are revised as needed. Work

   products are reviewed with stakeholders and are controlled. The work products and services satisfy

   their specified requirements, standards, and objectives.