"Quantitatively Managed" refers to a level of project management where processes are measured and controlled using statistical techniques. This approach allows organizations to make data-driven decisions, ensuring that projects are completed efficiently and effectively. By analyzing performance metrics, teams can identify areas for improvement and optimize their workflows. In the context of Project Management, this methodology is often part of the Capability Maturity Model Integration (CMMI) framework. Organizations that achieve this level of management can better predict project outcomes, manage risks, and allocate resources more effectively, leading to higher quality results and increased customer satisfaction.