Abstract
Software Development is a complex and multidimensional task. The development process should not only concentrate on just writing the code but also focus on the cost effective methods. Cost and time are the major constraints of software development process. Program slicing has unique importance in addressing the issues of cost. It is a program analysis technique which provides mechanism to analyze and understand the program behavior for further restructuring and refinement. Many people have investigated the relationship between program slicing and software development phases on the basis of empirical studies conducted in the past and also establish the fact that how program slicing can be helpful in making software system cost and time effective. This paper provides a general overview of program slicing which is a cost effective software engineering technique.
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