Knowledge-assisted product requirements configurator

Producing timely and customer oriented products is a key determinant for the success of any product-based business. Product requirement elicitation and configuration practices therefore play a major role in taking products to market efficiently. Knowledge of the existing generic product is crucially important while creating its variants. In this paper, we discuss an ontological representation of product primitives for a knowledge-assisted requirements configurator and illustrate its use for a financial product suite.