TotalCostOfOwnership (TCO) is a technique used to table life-cycle costs of an IT-related investment popularized by GartnerInc. It is said to be suitable for discovering hidden costs that often escape the scrutiny of IT budgetary processes.
An earlier explanation of the method can be seen at http://www.computerworld.com/hardwaretopics/hardware/story/0,10801,42717,00.html
Resources
see also ReturnOnInvestment