Business Process Management (BPM) aims at supporting the whole life-cycle necessary to deploy and maintain business processes in organisations. An important step of the BPM life-cycle is the analysis of the processes deployed in companies. However, the degree of automation currently achieved cannot support the level of adaptation required by businesses. Initial steps have been performed towards including some sort of automated reasoning within Business Process Analysis (BPA) but this is typically limited to using taxonomies. We present a core ontology aimed at enhancing the state of the art in BPA. The ontology builds upon a Time Ontology and is structured around the process, resource, and object perspectives as typically adopted when analysing business processes. The ontology has been extended and validated by means of an Events Ontology and an Events Analysis Ontology aimed at capturing the audit trails generated by Process-Aware Information Systems and deriving additional knowledge....