  We present a calculation of the systematic component of the error budget in
the photometric redshift technique. We make use of it to describe a simple
technique that allows for the assignation of confidence limits to redshift
measurements obtained through photometric methods. We show that our technique,
through the calculation of a redshift probability function, gives complete
information on the probable redshift of an object and its associated confidence
intervals. This information can and must be used in the calculation of any
observable quantity which makes use of the redshift.
