A system, and computer usable program product for selective computation using analytic functions are provided in the illustrative embodiments. An object graph and information about a change therein is received. The object graph includes several objects representing several resources in an environment as well as a set of analytic function instances in relation to the objects. A set of analytic function dependencies is determined. A first analytic function instance in the set of analytic function instances that has to be re-executed based on the change is identified. A re-computation graph is computed using the analytic function instance and presented. The change may be an addition, a deletion, a modification, or a combination thereof. The change may be a change in an object, in a relationship between two objects, in a relationship between an object in and an analytic function instance in the set of analytic function instances, or in an analytic function instance.