Software developers and organizational users face many problems in identifying and evaluating features of software products. The products are complex, with numerous options, making design and development of applications time consuming and costly. With many users, it can be difficult to summarize user needs and priorities, let alone identify the functions and features that they need in the applications. Once functions and features are identified, a three stage least squares technique is used to identify and prioritize important features of software products. TheMulti-Attribute Software Evaluation Tool (MASET) can be used to evaluate existing software (commercial or in-house) or proposed features of new software products. This tool combines a series of functions into a software product that aids in the development of an evaluation questionaire, accepts input from respondents, prepares the input for the statistacal analysis package and uses an artifical intelligence module to analyze the results