Lag-lead compensators are well known in automatic control engineering. They have 4 parameters to be adjusted (tuned) for proper operation. The frequency response of the control system or the root locus plot are traditionally used to tune the compensator in a lengthy procedure. A highly oscillating second-order process has a time response to a unit step input of 85.4 % maximum overshoot and about 6 seconds settling time is controlled using a lag-lead compensator (through simulation). The lag-lead compensator is tuned by minimizing the sum of time multiplied by the absolute error (ITAE) of the control system using MATLAB. Three functional constrains are used to control the performance of the lag-lead compensated control system. The result was reducing the process oscillation to 6.926 % overshoot and a 1.413 seconds settling time. The steady-state characteristics of closed-loop control system using the lag-lead compensator were excellent. It is possible reduce the steady-state error to any desired value through one of the compensator parameters.