This book constitutes the refereed proceedings of the Second International Workshop, SVM 2008, held in Munich, Germany, in October 2008.

The 13 revised full papers presented were carefully reviewed and selected from numerous submissions. Topics of the workshop include virtualization, key management issues, web services and SOA, new management paradigms, experience implementing and deploying management technology.

Systems and Virtualization Management: Standards and New Technologies.- Virtual Execution Environments and the Negotiation of Service Level Agreements in Grid Systems.- An Extension of XACML to Improve the Performance of Decision Making Processes When Dealing with Stable Conditions.- LVD: A Lightweight Virtual Desktop Management Architecture.- CIM-Based Resource Information Management for Integrated Access Control Manager.- Scenario-Based Distributed Virtualization Management Architecture for Multi-host Environments.- Web Service Distributed Management Framework for Autonomic Server Virtualization.- Virtual System Environments.- Authentication in Virtual Organizations: A Reputation Based PKI Interconnection Model.- Business Service Management in a Service Oriented, Virtualized World.- A Control of a Mono and Multi Scale Measurement of a Grid.- A Resource Management Mechanism and Its Implementation for Virtual Machines.- VNEC - A Virtual Network Experiment Controller.- Update on System Virtualization Management.