To objectively and quantitatively study transcribed protocols of design conversations, we apply a semantic analysis approach based on dynamic semantic networks of nouns. We examined the applicability of the approach focused on a dynamic evaluation of the design problem solving process in engineering design educational settings. Using a case of real-world case, we show that the approach is able to determine the time dynamics of semantic factors such as level of abstraction, polysemy, information content, and quantify convergence/divergence in engineering design conversations.