EXHIBIT 21.1

              SUBSIDIARIES OF CHARLES RIVER ASSOCIATES INCORPORATED



               NAME OF ORGANIZATION                              JURISDICTION
               --------------------                              ------------
                                                              
CRA Security Corporation                                         Massachusetts
Charles River Associates Canada Ltd.                             Ontario
NeuCo, Inc.                                                      Delaware
Charles River Associates Limited                                 United Kingdom
Charles River de Mexico, S.A. de C.V.                            Mexico
Charles River Associates (Asia Pacific) Limited                  New Zealand
Charles River Associates Asia Pacific PTY LTD                    Australia