  In this paper we propose facilitating ontology development by constant
evaluation of steps in the process of ontology development. Existing
methodologies for ontology development are complex and they require technical
knowledge that business users and developers don't poses. By introducing
ontology completeness indicator developer is guided throughout the development
process and constantly aided by recommendations to progress to next step and
improve the quality of ontology. In evaluating the ontology, several aspects
are considered; from description, partition, consistency, redundancy and to
anomaly. The applicability of the approach was demonstrated on Financial
Instruments and Trading Strategies (FITS) ontology with comparison to other
approaches.
