Service
Level Management (SLM) essentially negotiates and controls service
levels that are agreed upon within certain parameters. With the
growth of virtualized respurces across several domains, IT service
delivery expectations increase as well. For the IT service delivery
professionals this means that proper SLM of cloud computing need to
be provided. SLM ensures that certain services that have been
promised are delivered up to expectations and for prior agreed upon
cost. A Service Quality Plan (SQP) addresses certain managerial
objectives and helps with implementing the SLM.
References:
http://it.toolbox.com/blogs/security-governance/service-level-management-of-cloud-computing-42536