“…After an exhaustive survey of tools and techniques of requirement analysis, we have found to the best of our knowledge that none of the existing approaches or tools have neither focuses on requirements analysis of event based systems nor have used events as basis for requirement analysis and conceptual modeling. Approaches are largely based either on natural language (Abbott, 1983;Jacobson et al, 1999;Turk and Vanier, 1993;Coad and Yourdon, 1990;Shlaer and Mellor, 1998;Ross, 1988;Song et al, 2005;Ilieva and Ormandjieva, 2005;Mustafa and Awofala, 2004) for which various tools have also been developed (Becker et al, 2000;Barber and Graser, 2000;Harmain and Gaizauskas, 2003;Overmyer et al, 2001;Wahono and Far, 2002;Drake et al, 1993;Perez-Gonzalez et al, 2005) or on Use cases (Anda and Sjberg, 2003;Liang, 2003;Liu et al, 2003;Roussev, 2003). NLP based techniques have their own limitations and at the same time Use Cases have been critically reviewed in the recent past (Some, 2005;2007b;Wiegers, 2005;Ferg, 2003;Samarasinghe and Some, 2005).…”