[en] Cost is perhaps the most influential factor in the outcome of a product or service within many of
today’s industries. Cost assessment during the early stage of ship design is crucial. It influences the
go, no-go decision concerning a new development. Cost assessment occurs at various stages of ship
design development. Economic evaluation as early as possible, in the design phase, is therefore
crucial to find the best price–function compromise for the ship projects. This paper presents a Multi
Criteria Decision Aid (MCDA) method in order to select an appropriate cost assessment method at
each stage of the ship design. In order to compare the cost performance between all alternatives, the
evaluation of each alternative is performed by PROMETHEE.