Using Cost-Benefit Information in Ontology Engineering Projects

Instruments to predict the total costs associated with the development, deployment and ownership of ontology-based technologies are a must for their adoption by the industry. In previous work of ours we have introduced a series of models that analyzed and estimated the costs and benefits associated with the development of ontologies and related knowledge structures, and of the applications using them. This chapter can be seen as a continuation of this work as it provides guidelines – both scenario and tool-oriented – that assist project managers in utilizing these models throughout the ontology life cycle.

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