Weather Derivatives Toolkit

Save time, empower your teams and effectively upgrade your processes with access to this practical Weather Derivatives Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Weather Derivatives related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Weather Derivatives specific requirements:

STEP 1: Get your bearings

Start with...


• The latest quick edition of the Weather Derivatives Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.


Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…


• Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation


Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 990 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Weather Derivatives improvements can be made.

Examples; 10 of the 990 standard requirements:


1. What other options do you have that might offer better control and a greater level of certainty at the macro level of the international financial system?
   
   

2. Is there an objective basis for an analysis of financial crises, or does human behaviour alter depending on the ideational and material context?
   
   

3. What specific objective means besides a cash basis market could or should be used as the underlying relationship for a derivative?
   
   

4. What safeguards are in place to ensure that derivatives portfolios are a tool for hedging risk, rather than a source of risk?
   
   

5. Is there any justification for allowing more credit protection to be sold on a reference asset than the value of the asset?
   
   

6. Should there be a separate category of Derivatives to capture more exotic types of derivatives, as weather derivatives?
   
   

7. Where do you find backup personnel and service vendors who are knowledgeable and experienced in futures industry?
   
   

8. Are there key areas of disagreement between market participants about how central counterparties should operate?
   
   

9. Are there any ether things you can think of which hinder competition or acts as barriers to trade/new entrants?
   
   

10. Which among the given options, causes the futures price of an asset to increase, everything else held constant?
    
    


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:


• The workbook is the latest in-depth complete edition of the Weather Derivatives book in PDF containing 990 requirements, which criteria correspond to the criteria in...


Your Weather Derivatives self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:


• The Self-Assessment Excel Dashboard; with the Weather Derivatives Self-Assessment and Scorecard you will develop a clear picture of which Weather Derivatives areas need attention, which requirements you should focus on and who will be responsible for them:
  
  


• Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix

• Gives you a professional Dashboard to guide and perform a thorough Weather Derivatives Self-Assessment

• Is secure: Ensures offline data protection of your Self-Assessment results

• Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:



STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Weather Derivatives projects with the 62 implementation resources:


• 62 step-by-step Weather Derivatives Project Management Form Templates covering over 1500 Weather Derivatives project requirements and success criteria:


Examples; 10 of the check box criteria:


1. Procurement Audit: Is it clear which procurement procedure your organization has opted for?
   
   

2. Procurement Audit: Were additional deliveries a partial replacement for normal supplies or installations or an extension of existing supplies or installations?
   
   

3. Source Selection Criteria: What are the guidelines regarding award without considerations?
   
   

4. Procurement Management Plan: Are milestone deliverables effectively tracked and compared to Weather Derivatives project plan?
   
   

5. Cost Management Plan: Planning and scheduling responsibilities – How will the responsibilities for planning and scheduling be allocated?
   
   

6. Human Resource Management Plan: How will the Weather Derivatives project manage expectations & meet needs and requirements?
   
   

7. Procurement Audit: Did the additional works introduce minor or non-substantial changes to performance, as described in the contract documents?
   
   

8. Executing Process Group: What are the critical steps involved with strategy mapping?
   
   

9. Formal Acceptance: General estimate of the costs and times to complete the Weather Derivatives project?
   
   

10. Closing Process Group: Just how important is your work to the overall success of the Weather Derivatives project?


 
Step-by-step and complete Weather Derivatives Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


• 1.1 Weather Derivatives project Charter

• 1.2 Stakeholder Register

• 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:


• 2.1 Weather Derivatives project Management Plan

• 2.2 Scope Management Plan

• 2.3 Requirements Management Plan

• 2.4 Requirements Documentation

• 2.5 Requirements Traceability Matrix

• 2.6 Weather Derivatives project Scope Statement

• 2.7 Assumption and Constraint Log

• 2.8 Work Breakdown Structure

• 2.9 WBS Dictionary

• 2.10 Schedule Management Plan

• 2.11 Activity List

• 2.12 Activity Attributes

• 2.13 Milestone List

• 2.14 Network Diagram

• 2.15 Activity Resource Requirements

• 2.16 Resource Breakdown Structure

• 2.17 Activity Duration Estimates

• 2.18 Duration Estimating Worksheet

• 2.19 Weather Derivatives project Schedule

• 2.20 Cost Management Plan

• 2.21 Activity Cost Estimates

• 2.22 Cost Estimating Worksheet

• 2.23 Cost Baseline

• 2.24 Quality Management Plan

• 2.25 Quality Metrics

• 2.26 Process Improvement Plan

• 2.27 Responsibility Assignment Matrix

• 2.28 Roles and Responsibilities

• 2.29 Human Resource Management Plan

• 2.30 Communications Management Plan

• 2.31 Risk Management Plan

• 2.32 Risk Register

• 2.33 Probability and Impact Assessment

• 2.34 Probability and Impact Matrix

• 2.35 Risk Data Sheet

• 2.36 Procurement Management Plan

• 2.37 Source Selection Criteria

• 2.38 Stakeholder Management Plan

• 2.39 Change Management Plan


3.0 Executing Process Group:


• 3.1 Team Member Status Report

• 3.2 Change Request

• 3.3 Change Log

• 3.4 Decision Log

• 3.5 Quality Audit

• 3.6 Team Directory

• 3.7 Team Operating Agreement

• 3.8 Team Performance Assessment

• 3.9 Team Member Performance Assessment

• 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:


• 4.1 Weather Derivatives project Performance Report

• 4.2 Variance Analysis

• 4.3 Earned Value Status

• 4.4 Risk Audit

• 4.5 Contractor Status Report

• 4.6 Formal Acceptance


5.0 Closing Process Group:


• 5.1 Procurement Audit

• 5.2 Contract Close-Out

• 5.3 Weather Derivatives project or Phase Close-Out

• 5.4 Lessons Learned


Results

With this Three Step process you will have all the tools you need for any Weather Derivatives project with this in-depth Weather Derivatives Toolkit.

In using the Toolkit you will be better able to:


• Diagnose Weather Derivatives projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices

• Implement evidence-based best practice strategies aligned with overall goals

• Integrate recent advances in Weather Derivatives and put process design strategies into practice according to best practice guidelines


Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Weather Derivatives investments work better.

This Weather Derivatives All-Inclusive Toolkit enables You to be that person.

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.