Definition: the NTCP Model is a project risk assessment framework that classifies projects risk into 4 dimensions:
N - Novelty
T - Technology
C - Complexity
P - Pace
The model consists of four axes on which the four dimensions are set out. If you score and plot any project(s) on the mentioned 4 risk dimensions in a graph with 4 axes and then connect the scores you get a sort of a "diamond". Each dimension has three to four levels in which projects can be classified. When a project is classified on the four axes, the connecting lines between the dimensions form a diamond-shaped figure.
MBA Brief offers accurate and concise definitions of MBA concepts, frameworks, methods and models.
We love to keep things really short, but provide links to learn more about your subject and to similar concepts.
© 2022 MBA Brief - Last updated: 30-9-2022 - Privacy | Terms