COST ANALYSIS.

The article presents a discussion related to cost analysis. Decreasing budgets and increasing international competition are among the pressures that have focused increased attention on system cost. As such, cost analysis is a critical component of systems analysis, the complementary activity to system engineering that considers programmatic issues along with technical performance. A cost analysis consists of an estimate of resources required to realize, sustain or retire a system and an assessment of the uncertainty inherent in the estimate.