FIBO Foundations Content Team Mike Bennett EDM Council
FIBO™ Foundations Content Team Mike Bennett EDM Council ● January 23, 2018 Confidential
Agenda 1) 2) 2) 3) 4) 5) 6) Confidential NEWS Open up the wiki with the currents weeks content Use Case reminder. Where are we on our road map. This weeks agenda: Go to JIRA. The days content discussion EDM-Council/FIBO Foundations Content Team 2
NEWS • New user base upgrade completed – Environment Variable • Some still needing help with this – User configs spreadsheet https: //wiki. edmcouncil. org/display/FPT/Teamwork+Cloud+CCM+U ser+Configuration • CCM Ingest from Git. Hub – Configuration issues addressed – Type mismatch somewhere in the set – Clean ingest works • Verified remaining round trip issues Confidential EDM-Council/FIBO Foundations Content Team 3
FIBO™ Foundations Content Team Leaders name: Mike Bennett Title: Head of Semantics and Standards Organization: EDM Council The Team: Mike Bennett Bobbin Teegarden John Gemski Max Gillmore Rob Nehmer David Frankel Marcello Ceci Jeff Braswell Confidential 10/31/2021 EDM-Council/FIBO Foundations Content Team
Wiki • https: //wiki. edmcouncil. org/display/FND/ FIBO+-+FCT+-+Foundations+Home Confidential EDM-Council/FIBO Foundations Content Team 5
Use Case: FCTs Support • Each FCT needs to identify abstractions they need – Some exist in Production FND – Some are in Provisional FND or even Informative – Some are work for us to do • FCT use Cases - Wiki page – https: //wiki. edmcouncil. org/display/FND/FI BO+Content+Team+Requirements+for+Fo undations Confidential EDM-Council/FIBO Foundations Content Team 6
Priorities • Loans Concepts Coagulation – Spreadsheet from Michael Uschold – 2 areas remain • Name collisions – Identify common concepts versus heterographs • E. g. Product, Service, Facility • Focus of this week’s work • Legacy (Provisional + Informative) maintenance – Definitions issues – Dot ones / duplicate property names Confidential EDM-Council/FIBO Foundations Content Team 7
Recap since last meeting • FND Q 1 Priorities: – – Confidential Reviewed the spreadsheet Products fine tuning (Product Commitment etc. ) Name collisions Other commitments for Q 1 EDM-Council/FIBO Foundations Content Team 8
Today’s Agenda • Review of 2018 Q 1 plans and priorities – Loans Completion – Duplicate Element names Confidential EDM-Council/FIBO Foundations Content Team 9
Loans Remaining Terms • Real. Property. Valuation requires Valuation – Conceptual model has this in broader framework of measurement – Add or bring forward to Provisional • Payment History; Scheduled Payment – Schedules in general – Occurr. ENCE v Occurr. ENT – Prescriptive v descriptive occurrents Confidential EDM-Council/FIBO Foundations Content Team 10
Duplicates • John Gemski spreadsheet analysis – Many duplications; most of these are inherited properties and restrictions as expected – Some actual duplicates detected • Example: has. Capacity • Overall analysis – types and reasons • What to do with these Confidential EDM-Council/FIBO Foundations Content Team 11
Duplicate Terms Analysis: Reasons • The same concept (to be deprecated) • Different concepts with the same name • The same business concept but framed with different semantics • Any of the above but we don’t know which yet • Property names anti-pattern hold-outs • Re-use of abstraction names for more specific concepts in Release Confidential EDM-Council/FIBO Foundations Content Team 12
Organizations • New definition – a unique framework of authority within which a person or persons act or are designated to act for some purpose such as to meet some need or pursue some goals. • Broader than the original. – Org not a child of Collection or of Group – it’s a separate thing. • Formal Organization sub unit – Added restriction to say it is a part of an Organization Confidential EDM-Council/FIBO Foundations Content Team 13
Other Things to Review • Transactions: – To be aligned with REA terms where these are surfaced within Release – Terminology to be aligned with REA (Obligations v Commitments not consistently named in current Release v Provisional). • Identify things that are not actually extensions and change IRIs accordingly, whether these remain as Informative or become Provisional • Review linkage to Commitment v Product Commitment in Release update of Products – We think that Product. Commitment can now be introduced as per Provisional work Confidential EDM-Council/FIBO Foundations Content Team 14
Products Fine tuning • Review completed 2017 Q 4 mode content • Missing assertions for template / contractual products? – Or are they in another ontology? • Commitment v Product Commitment • Informative Line Item and related – Need to inform Loans to use something else that these are documentation of • Lifecycle v Product Lifecycle Confidential EDM-Council/FIBO Foundations Content Team 15
Name Collisions • Services and related terms • These include – Service Provider – Capability – Facility – Site – Venue Confidential EDM-Council/FIBO Foundations Content Team 16
Services – Old (legacy content) Confidential EDM-Council/FIBO Foundations Content Team 17
Services – New (Release content) Confidential EDM-Council/FIBO Foundations Content Team 18
Services – New (zooming in) Confidential EDM-Council/FIBO Foundations Content Team 19
Review conclusions: • Seem to be the same business concepts but with the world carved up differently at the joints • Need to reconcile in order to realign old model content to new concepts • Some of the Release concepts may be polysemic – Intentionally or otherwise? • Homework: Review these Confidential EDM-Council/FIBO Foundations Content Team 20
Ones to watch: • Service – Same concept? – Legacy: involves some activity. This seems definitional of a service (distinguishes it from Product) – But uses Activity (in deleted ontologies) – Implicit in Release? – Implicit in Capability? Or Alternative necessary condition? • Service Provider – Should surely be a Functional Entity (defined by function not being party to some contract Confidential EDM-Council/FIBO Foundations Content Team 21
Ones to watch • Capability – Probably a heteronym – Legacy Capability is a social construct used alongside capacities etc. to define ownership and control • Facility – Legacy one created as parent to Credit Facility (for Loans) – Release one provides a capability at a site – MISSING: has. Identity relation? • Site – Seems synonymous with legacy “Venue” – Release has Venue, maybe different concept? • Venue Confidential EDM-Council/FIBO Foundations Content Team 22
Other Work • Values Refactoring – Done for Provisional / Informative. Next phase of Cory's work will cover Release (including FND) • Legacy Clean-up – Was to be a future FCTs' task but will refactor these for an easier baseline for future work. • Lifecycle as metadata in Annotation. Vocabulary – rename to avoid confusion with the conceptual notion of Lifecycle – No sign of this issue – label is given as ‘maturity’ Confidential EDM-Council/FIBO Foundations Content Team 23
Next Meeting • We meet weekly – Tuesday at 3 pm Eastern Time – FCT leads invited • Homework Calls (Fridays) • Next call – Next call 30 Jan 2018 Confidential EDM-Council/FIBO Foundations Content Team 24
- Slides: 24