This volume presents a selection of the presentations from the first annual conference on "Analytical Methods in Software Engineering Economics" held atThe MITRE Corporation in Mc Lean, Virginia, USA. The papers are representative of the issues that are of interest to researchers in the economics of information systems and software engineering economics. The conference was designed to address some of the new and difficult challenges that face our profession. The primary objectiveof the conference was to address new theoretical and applications directionsin Software Engineering Economics, a relatively new discipline that deals with the management and control of all segments of the software life-cycle. The discipline has received much visibility in the last twenty-five years because of the size and cost considerations of many software development and maintenance efforts, particularly in the Federal Government.
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