diff --git a/lib/config/Configuration.js b/lib/config/Configuration.js
new file mode 100644
index 000000000..c26770c82
--- /dev/null
+++ b/lib/config/Configuration.js
@@ -0,0 +1,251 @@
+import path from "node:path";
+import os from "node:os";
+
+/**
+ *
+ *
+ * @public
+ * @class
+ * @alias @ui5/project/config/Configuration
+ */
+class Configuration {
+	#cwd;
+	#source;
+	#version;
+	#cacheMode;
+	#ui5HomeDir;
+	#snapshotEndpointUrl;
+	#frameworkDir;
+	#buildCacheDir;
+	#artifactsDir;
+	#packagesDir;
+	#metadataDir;
+	#stagingDir;
+	#lockDir;
+	#cacheDir;
+
+	/**
+	 * @param {object} configuration
+	 * @param {string} [configuration.cwd=""]
+	 * @param {string} [configuration.version=""]
+	 * @param {string} [configuration.sources=""]
+	 * @param {string} [configuration.ui5HomeDir="~/.ui5/"]
+	 * @param {string} [configuration.snapshotEndpointUrl=""]
+	 * @param {string} [configuration.cacheMode="default"]
+	 * @param {string} [configuration.frameworkDir="~/${ui5HomeDir}/framework"]
+	 *   Directory to store framework artifacts and metadata in.
+	 * @param {string} [configuration.cacheDir="~/${ui5HomeDir}/cacache"]
+	 * @param {string} [configuration.buildCacheDir="~/${ui5HomeDir}/build-cache"]
+	 *   Directory to store build-cache in.
+	 * @param {string} [configuration.artifactsDir="~/${ui5HomeDir}/artifacts"]
+	 * @param {string} [configuration.packagesDir="~/${ui5HomeDir}/packages"]
+	 * @param {string} [configuration.metadataDir="~/${ui5HomeDir}/metadata"]
+	 * @param {string} [configuration.stagingDir="~/${ui5HomeDir}/staging"]
+	 * @param {string} [configuration.lockDir="~/${ui5HomeDir}/locks"]
+	 */
+	constructor({
+		cwd,
+		version,
+		sources,
+		ui5HomeDir,
+		snapshotEndpointUrl,
+		cacheMode = "default",
+		frameworkDir,
+		cacheDir,
+		buildCacheDir,
+		artifactsDir,
+		packagesDir,
+		metadataDir,
+		stagingDir,
+		lockDir
+	}) {
+		this.cwd = cwd;
+		this.sources = sources;
+		this.version = version;
+		this.cacheMode = cacheMode;
+		this.ui5HomeDir = ui5HomeDir ? path.resolve(ui5HomeDir) : path.join(os.homedir(), ".ui5");
+
+		this.snapshotEndpointUrl = process.env.UI5_MAVEN_SNAPSHOT_ENDPOINT || snapshotEndpointUrl;
+		this.frameworkDir = frameworkDir ? path.resolve(frameworkDir) : path.join(this.ui5HomeDir, "framework");
+		this.buildCacheDir = buildCacheDir ? path.resolve(buildCacheDir) : path.join(this.ui5HomeDir, "build-cache");
+		this.artifactsDir = artifactsDir ?
+			path.resolve(artifactsDir) : path.join(this.ui5HomeDir, "framework", "artifacts");
+		this.packagesDir = packagesDir ?
+			path.resolve(packagesDir) : path.join(this.ui5HomeDir, "framework", "packages");
+		this.metadataDir = metadataDir ?
+			path.resolve(metadataDir) : path.join(this.ui5HomeDir, "framework", "metadata");
+		this.stagingDir = stagingDir ? path.resolve(stagingDir) : path.join(this.ui5HomeDir, "framework", "staging");
+		this.lockDir = lockDir ? path.resolve(lockDir) : path.join(this.ui5HomeDir, "framework", "locks");
+		this.cacheDir = cacheDir ? path.resolve(cacheDir) : path.join(this.ui5HomeDir, "framework", "cacache");
+	}
+
+	/**
+	 * CWD path
+	 *
+	 * @public
+	 * @returns {string}
+	 */
+	getCwd() {
+		return this.cwd;
+	}
+
+	/**
+	 * CWD path
+	 *
+	 * @public
+	 * @returns {string}
+	 */
+	getSources() {
+		return this.sources;
+	}
+
+	/**
+	 * UI5 Version
+	 *
+	 * @public
+	 * @returns {string}
+	 */
+	getVersion() {
+		return this.version;
+	}
+
+	/**
+	 * Cache mode
+	 *
+	 * @public
+	 * @returns {string}
+	 */
+	getCacheMode() {
+		return this.cacheMode;
+	}
+
+	/**
+	 * .ui5 home direcotry
+	 *
+	 * @public
+	 * @returns {string}
+	 */
+	getUi5HomeDir() {
+		return this.ui5HomeDir;
+	}
+
+	/**
+	 * SNAPSHOTs URL
+	 *
+	 * @public
+	 * @returns {string}
+	 */
+	getSnapshotEndpointUrl() {
+		return this.snapshotEndpointUrl;
+	}
+
+	/**
+	 * Directory to store framework artifacts and metadata in.
+	 *
+	 * @public
+	 * @returns {string}
+	 */
+	getFrameworkDir() {
+		return this.frameworkDir;
+	}
+
+	/**
+	 * Directory to store build-cache in.
+	 *
+	 * @public
+	 * @returns {string}
+	 */
+	getBuildCacheDir() {
+		return this.buildCacheDir;
+	}
+
+	/**
+	 * Directory to store artifacts in.
+	 *
+	 * @public
+	 * @returns {string}
+	 */
+	getArtifactsDir() {
+		return this.artifactsDir;
+	}
+
+	/**
+	 * Directory to packages in
+	 *
+	 * @public
+	 * @returns {string}
+	 */
+	getPackagesDir() {
+		return this.packagesDir;
+	}
+
+	/**
+	 * Directory to store metadata in
+	 *
+	 * @public
+	 * @returns {string}
+	 */
+	getMetadataDir() {
+		return this.metadataDir;
+	}
+
+	/**
+	 * Directory to store staging artifacts in
+	 *
+	 * @public
+	 * @returns {string}
+	 */
+	getStagingDir() {
+		return this.stagingDir;
+	}
+
+	/**
+	 * Lockfiles directory
+	 *
+	 * @public
+	 * @returns {string}
+	 */
+	getLockDir() {
+		return this.lockDir;
+	}
+
+	/**
+	 * Cache directory
+	 *
+	 * @public
+	 * @returns {string}
+	 */
+	getCacheDir() {
+		return this.cacheDir;
+	}
+}
+
+export default Configuration;
+
+/**
+ * Create Configuration from JSON file
+ *
+ * @public
+ * @static
+ * @param {string} [filePath="~/.ui5rc"] Path to configuration JSON file
+ * @returns {@ui5/project/config/Configuration} Configuration instance
+ */
+export async function fromFile(filePath) {
+	filePath = filePath || path.join(os.homedir(), ".ui5rc");
+
+	const {default: fs} = await import("graceful-fs");
+	const {promisify} = await import("node:util");
+	const readFile = promisify(fs.readFile);
+	let config;
+	try {
+		const fileContent = await readFile(filePath);
+		config = JSON.parse(fileContent);
+	} catch (err) {
+		if (err.code === "ENOENT") { // "File or directory does not exist"
+			config = {};
+		} else {
+			throw err;
+		}
+	}
+	return new Configuration(config);
+}