Process maturity levels in the SEIs CMM

Briefly list out the process maturity levels in the SEIs CMM. Also illustrate each level briefly?

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Level 1: Initial: Some of the processes are stated and individual attempts are taken.

Level 2: Repeatable: To track the cost schedule and functionality fundamental project management procedures are established.

Level 3: Defined: The procedure is standardized, documented and followed.

Level 4: Managed: Both software procedure and product are quantitatively understood and controlled by using the detailed measures.

Level 5: Optimizing: Establish methods to plan and implement the changes.

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