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.
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