In order to describe and explain the ePortfolio once it is developed and implemented only descriptive methods have been used so far. Considering the importance of the ePortfolio today, it is necessary to understand and demonstrate the reasons for its existence as well as its development, source and origin. For that purpose a genetic taxonomy introduced as an IS taxonomy in 1997 will be used in this paper. In addition, the ePortfolio will be defined in terms of the Genetic Taxonomy Space (GTS) that enables direct comparison with other types of Information Systems.

For users to effectively use an ePortfolio it is of great importance to select the system which will support ePortfolio features according to their specific needs. For this purpose, a questionnaire which will enable organizations to evaluate ePortfolio systems, make comparison between two or more systems or to choose their future ePortfolio system according to user requirements was developed.

This paper gives reflection on work-in-progress with the aim to identify ePortfolio as valuable Web 2.0 tool that enables learning according to reflective learning paradigm, as well as a supporting tool for teachers in the process of student's assessment.