diff --git a/README.md b/README.md
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--- a/README.md
+++ b/README.md
@@ -1,27 +1,43 @@
 # ExtensionDsLab
 
-ExtensionDsLab is a data science and machine learning framework for analyzing 
-security and privacy related properties of the browser  extensions (and Chrome 
-Apps) offered in the [Chrome Web Store](https://chrome.google.com/webstore/). 
+ExtensionDsLab is a data science and machine learning framework for analyzing
+security and privacy related properties of the browser  extensions (and Chrome
+Apps) offered in the [Chrome Web Store](https://chrome.google.com/webstore/).
 
-## Dependencies
-
-Dependencies are managed by paket.
 ## Installation
 
-### Linux/MacOs (mono)
+### First Time
+
+Ensure that both
+
+* [mono](https://www.mono-project.com/) (tested with version 5.14) *and*
+* [dotnet SDK](https://www.microsoft.com/net/download) (tested with version 2.1)
+
+are installed. Moreover, [FAKE] needs to be installed
+
+        dotnet tool install fake-cli -g
+
+and added to the `PATH` so that you can call `fake`  on the command line.
+This might require
+
+        export PATH=$HOME/.dotnet/tools/fake:$PATH
 
 After cloning the repository, call
 
         ./configure.sh  
 
+to initialize the `paket` configuration.
+
+### (Re-) Compiling
+
 After that, the project can be build using
 
         ./build.sh
 
-### Windows
+### Note for Windows Users
 
-On Windows (untested), you need to set up the initial project manually:
+On Windows (untested), `configure.sh` can be replaced by configuring
+`paket` manually
 
         .paket/paket.bootstrapper.exe
         .paket/paket.exe install