Operational Resilience Audit

Posts by:

Azizah Nurdin

FAQ on ORA-300 OR Audit Specialist [ORA-3] Course

FAQ on ORA-300 OR Audit Specialist [ORA-3] Course

BG Bann_ORA_ORA-300 General BannerWelcome to the frequently asked questions or FAQ for BCM Institute's ORA-300 Blended Learning course.

Should I attend ORA-300 or ORA-5000?

This is the course to attend if you are exploring to understand operational resilience audit.

However, if you are designated as part of the ORA audit team, proceed to attend the ORA-5000 course.  The OR Audit Expert or ORA-5000 course will provide the participants with a complete framework to plan for the ORA initiative, implement the ORA program, and sustain the ORA program.

For our colleagues operating in financial institutions, OR-5000 should be your pre-requisite.

What is included in the course fee?

When you are attending the course, the fee of Singapore Dollar (SGD) 2,400 includes:

During the course:
  • Access to the complete set of soft copy templates.
    • Note that hard copies of the templates are only provided for a classroom-based course
After the course:
  • The award of an ORCP e-certificate (upon completion of module 2 and passing the examination conducted at the end of the course)
  • Review of assessments
  • ORCS application processing fees
New call-to-action

However, the ORAS application must be completed within three months from the notification of passing the ORA-300 course.

An application processing fee of SGD 75 will be payable for the application for ORAS certification.  Please opt for processing fees included in the invoice if you are applying for the specific certification.

  • Yes. Module 1 is compulsory as it forms the initial assessment for the "grounding" of operational resilience knowledge.  
  • ORCP Operational Resilience Certified Planner CertificationOnce you have completed Module 1, you will attend Module 2.
  • The successful completion of the course will allow the participants to be awarded the "Operational Resilience Certified Planner" certification.
    Tell Me More About BCM- 8030

    Operational Resilience Audit Specialist (ORAS) Certification
 
Do I need to complete the ORAS exam while attending a Blended Learning course?
  • Yes
I noticed that the course is held at Asian Timing. Is there any time for me, as I reside outside the Asia Pacific Region?
The timing of the sessions is catered for two zones:
  • US/ Europe/ Middle East
  • Asia Pacific

Class Starting at 2 pm (GMT+8).  Beware of daylight saving time in your region.
  • The time of the 3-hour online workshop is set at Singapore Timing, which is Greenwich Meridian Time (GMT) + 8 hours.
    • 2:00 (pm) Singapore (SG) Time is 10:00 (am) as Dubai is GMT+4 Hours
    • 2:00 (pm) Singapore (SG) Time is 11:30 (am) as Mumbai is GMT+5.5 Hours

Class Starting at 9 pm (GMT+8).  The course schedule or "RUN" will have an "A" suffix, e.g. RUN 4A. Beware of daylight saving time in your region.
  • 9:00 (pm) Singapore (SG) Time is 1 pm as London is GMT+0 Hours
  • 9:00 (pm) Singapore (SG) Time is 9 am as New York is GMT-12 Hours


What Certificates will I be Receiving Upon Competing in the course?

As the blended learning course is conducted over four weeks, you will be expected to receive a certificate of completion (COC) and an initial "Operational Resilience Certified Planner" certification.

Learn more by reading about What Certificates I will receive After Completing OR-300 (Blended Learning).

Let us know if you need further clarification; we'll gladly help.

 

More Information About Blended Learning ORA-5000 [ORA-5] or ORA-300 [ORA-3]

Contact our friendly course consultant colleagues to learn more about our blended learning program and when the next course is scheduled.

New call-to-action New call-to-action New call-to-action
New Call-to-action Tell Me More About BCM- 8030 New call-to-action
New call-to-action

If you have any questions, click to contact us.Email to Sales Team [BCM Institute]

New call-to-action
 
Read More

[ORA-5] [M3] What is Needed to Complete Module 3 of the ORA-5000 Blended Learning  Course?

New call-to-action

New call-to-actionModule 3: Online Training and Discussion Workshop

To complete Module 3, participants must attend two half-day sessions of the OR audit implementation process. These are:

 

 Introducing Operational Resilience Auditing
  • What is Operational Resilience?
  • Evolution of Operational Resilience Auditing
  • Key regulatory drivers and frameworks
  • Audit methodologies and techniques
  • Roles and responsibilities of operational resilience auditors
  • Internal vs External OR Auditing
Planning for the OR Audit [Audit Planning]
  • Establish the scope and objectives of the operational resilience audit.
  • Identify key stakeholders and their roles.
  • Develop a comprehensive audit plan outlining timelines, resources, and methodologies.
Determine the Data to be Collected [Data Collection]
  • Identify relevant data sources related to operational resilience.
  • Define data collection methods and tools.
  • Ensure that the data collected aligns with the audit objectives and scope.
Analyse the Data Collected from the Auditees [Data Analysis]
  • Employ analytical techniques to examine the collected data.
  • Identify patterns, trends, and potential areas of concern.
  • Collaborate with auditees to clarify and validate data points.

Before attending each of the two separate  1/2-day facilitated online workshops, the typical activities to complete the assignment are:

  • developing the audit program or checklist;
  • reviewing the stages of a typical BCM Audit planning process
  • having access to the live BCMS portal.
New call-to-actionSequence of A Walkthrough of Each Session
  1. Pre-reading [Maximum of one hour]
    • Review the OR planning methodology
    • Review the content of the BCMPedia for OR and OR Audit
  1. Attending Facilitated Online Workshop [Maximum of three-hour]
    • Review and discuss the issues and challenges in developing an audit program (Financial / IT) or checklist

New call-to-actionThe content of Module 3 can be found by clicking on the "Course Content" icon.

[M3-S2] What is expected from Session 2 [S2] for Module 3 [M3] consists of the following:

  1. Pre-reading  [Maximum of one hour]
    • OR Audit Planning Process [4 ten-minute articles]

  2. Download the "Standardise Audit Program" template and complete the template [Maximum of one hour]
    • Develop an audit questionnaire in the audit checklist
      • You are strongly encouraged to attempt two significant stages of the "Implement" phase   as practice before attending class

  3. Facilitated Online Workshop [Maximum of three hours]
    • Guide the review of the key deliverable of the BCM Audit planning process
    • Develop audit checklist/ program using the Standardise Audit Program template.

 [1] M3-S1 & M3-S2 Pre-reading

IC_BL_PreReadingNew call-to-action

Pre-readings of at least 8 to 10 blogs or articles located in the eCampus are assigned for each session. Participants are recommended to complete them before the session as it serves as  'bite-sized' background information, allowing participants to familiarize themselves with the concepts to be discussed. 

It would also assist participants in completing their assignment in the following  1 hour online session.

 

[1] Time Requirement
Module 3: Session 1 & 2
One Hour for M3-S1
One Hour for M3-S2 
[M3-S2] Download and Complete Template

[M3-S2] Once the schedule for the specific phase is confirmed, you will be notified to proceed to download the Audit Checklist template.  

Develop OR Audit Questionnaire within the Audit Program/ Checklist Template (Assignment) Before Attending the Facilitated Online Workshop

What if you are completing the form and do not understand the purpose or requirement of the field that you are completing?

New call-to-actionReference Guide: Refer to "A Manager's Guide to Review and Audit Your Operation Resilience Program [LITE]" and "A Manager's Guide to Implement Your Operation Resilience" as they provide a reasonably comprehensive explanation for each field as required in the template.

Sample Questionnaires: For auditor/ lead auditor course attendees, you are provided with a complete series of sample questions for all the clauses to assist you in developing the BM Audit questionnaires as "Pre-reading" titled Audit Questionnaires: Table of Content.

Objectives

The objective is to fully understand the purpose and requirements of each entry in the template before you attend the corresponding online workshop.

You may wonder why you are doing the assignment when the lesson has not yet been conducted.

It will also allow you to contextualize your business environment and ask related questions.

 

[2] Time Requirement
Module 2: Session 2
One Hour

 

[M3-S2] Attend Facilitated Online Workshop

 

For the Module 3 course, participants must attend two 3-hour online workshop sessions.  All sessions are compulsory and run at the pre-determined online schedule. There would not be a repeat or substitute session for anyone who missed it.

These are the key features and deliverables of Module 3:

  1. Develop OR Audit Program/ Checklist
  2. Understand the OR Audit Planning Process 

Submit your completed "Audit Checklist" template to the facilitator within two days after finishing the Facilitated Online session M3-S2.  Do note that you should have completed version 1 of this template before you attend the Online session. 

 

Time Requirement Module 3: Session 1 & 2 Three Hour
(Per Session)

 

Breakdown of Time Spent

Here is a breakdown of the time spent for Module 3 for two 3-hour per session.

 

Module Mode of Study Hours
M3-S1

Web Training and Discussion Workshop

  • 1-Hour Self Study (Pre-reading and review of the case study)
  • 3-Hour Schedule Online Classes
4
M3-S2

Web Training and Discussion Workshop

  • 1-Hour Self Study (Pre-reading and review of the case study)
  • 1-Hour Preparation Assignment to complete the Audit Questionnaires
  • 3-Hour Schedule Online Classes
5
  Total Hours 9

More Information About Blended Learning Operational Resilience Audit (ORA) Courses

BCM Institute offers two levels of OR auditing courses: ORA-3 or ORA-300 Operational Resilience Audit Specialist and the ORA-5 or ORA-5000 Operational Resilience Audit Expert.

New call-to-action New call-to-action New call-to-action
New call-to-action Tell Me More About BCM- 8030 New Call-to-action
New call-to-action New call-to-action Please feel free to send us a note if you have any questions.Email to Sales Team [BCM Institute] Operational Resilience Audit Specialist (ORAS) Certification New call-to-action
 
Read More
Operational Resilience Audit Certification

Operational Resilience Audit (ORA) Certification

 

ORAE Operational Resilience Audit Expert Certification ORAS Operational Resilience Audit Specialist Certification ORCP Operational Resilience Certified Planner Certification

OPERATIONAL RESILIENCE AUDIT CERTIFICATION

 

To obtain an operational resilience audit (ORA) certification, one has to fulfil the following conditions:

  1. Attend the relevant courses attached to the desired  operational resilience certification
  2. Pass the qualifying certification examination
  3. Send in the appropriate certification application fees
  4. Send in the certification application form detailing at least 4 or 8 (depending on the desired certification) operational resilience experiences to the OR Body of Knowledge (BoK)

Certification would then be awarded once the independent certification body is satisfied that all conditions are met.

Certifications are then valid for one year, after which they need to be renewed yearly to ensure their validity.

Find Out More ...

 

Certification ORAE Operational Resilience Audit Expert Certification ORAS Operational Resilience Audit Specialist Certification ORCP Operational Resilience Certified Planner Certification
Certification Type Operational Resilience Audit Expert Operational Resilience Audit Specialist Operational Resilience Certified Planner
Course

OR Audit Expert / Manager 

OR Audit Specialist

OR Planner

Course Code

ORA-5000/ 400 

ORA-300

OR-200

Pre-requisite needed to attend the course
No  No No
However, you will need years of experience to apply for certification. No
Certification Application Processing Fee/ Annual Renewal Fee SGD 150 SGD 75 SGD 50 Complimentary for Year 1
Number of OR Body of Knowledge 8 of 15 OR BoK 4 of 15 OR BoK Not Required
Year of Experience Required to be Eligible for Award of Certification > Three years > One year Not Required
Attend OR Course New call-to-action New call-to-action New call-to-action
Module (1 to 4) One to Four One to Two One
New call-to-action New call-to-action New call-to-action New call-to-action
       

Find out more about Blended Learning ORA-5000 [ORA-5] & ORA-300 [ORA-3]

To learn more about the course and schedule, click the buttons below for the ORA-3 ORA-300 Operational Resilience Auditor course and the ORA-5 OR-5000 Operational Resilience Audit Expert course.

New call-to-action Tell Me More About BCM- 8030 New Call-to-action
New call-to-action New call-to-action New call-to-action
New call-to-action

Please feel free to send us a note if you have any of these questions.

Email to Sales Team [BCM Institute]

New call-to-action
New call-to-action

New call-to-action

New call-to-action
 
 
Read More
Operational Resilience Auditor Expert (ORAE)

Operational Resilience Audit Expert (ORAE)

BG Bann_ORA_Qualifying ORAE ExamOperational Resilience Audit Expert (ORAE)

Pre-requisites

New call-to-actionThe pre-requisites are:

  • Attend and complete the ORA-5000 Operational Resilience Audit Expert course
  • Pass the Qualifying ORAE examination
AND
  • Have at least three years of Operational Resilience/ business continuity/ crisis management/ IT disaster recovery/ BC-CM-DR-OR Audit professional experience and
  • Be able to describe at least 8 OR related OR Body of Knowledge (OR BoK) which you have audited or implemeted.
    • Send in the SGD 150 ORAE Certification Application Processing Fees

 

Operational Resilience Body of Knowledge (OR BoK) 1 to 15
[P1] Plan Phase [Bok 1 to BoK 5] [P2] Implement Phase [Bok 6 to BoK 10] [P3] Sustain Phase [Bok 11 to BoK 15]
New call-to-action New call-to-action New call-to-action

How to be Certified

To become an ORAE-certified professional, a candidate must complete four separate processes:

  • Formal Education
    • Attend and complete the ORA-5000 Operational Resilience  Expert Auditor course.
  • Examination
    • Attempt and pass the Qualifying ORAE examination
  • Show proof of at least three years of verifiable OR-BCM-CM-IT DR and/or audit experience.
  • Be able to describe at least eight of fifteen OR related Body of Knowledge (OR BoK)
  • Make a payment of SGD 150 (non-refundable) application processing fee.

To become an ORCE-certified professional, a candidate must complete four separate processes:

Formal Education
  • Attend and complete the ORA-5000 Operational Resilience Audit Expert Implementer course or
  • Attend and complete the ORA-400 Operational Resilience Audit Manager (Module 3 and Module 4 of the ORA-5000) course.
New call-to-action
Examination
  • Attempt and pass the Qualifying ORAE examination.
ORAE Operational Resilience Audit Expert Certification
  • Show proof of at least three years of verifiable OR (BCM-CM-DR) and/or auditing experience.
  • Make a payment of SGD 150 (non-refundable) application processing fee.
  • Submit the ORCE application form to the certification team for review by the independent Certification Review Committee member.
  • Complete review and approval by the Certification Review Committee member (which may take six to eight weeks)
  • Invite to accept the ORCE award

Formal Education

  • Sign up for the ORA-5000 course and complete the four modules (M1 to M4), or
  • If you completed the ORA-300 Implementer course earlier, sign up for the ORA-400 course and complete the two modules (M3 - M4).
  • Pay the Course Fees before starting the course.
  • Be assigned login credentials to start the eLearning for Module 1 (for those taking ORA-5000) only
  • Answer quizzes at the end of each sub-module of Module 1
  • Continue to complete Modules 2, 3 and 4 within the schedule.
  • Sit for the ORAE qualifying examination at the end of the course.

Examination

To sit for the Examination, a candidate must:

  • Be competent in the Competency Level (CL):
    • Foundation(CL 1)
    • Intermediate (CL 2)
    • Advanced (CL 3)
      including the eight OR Body of Knowledge (OR BoK)
  • Attempt the online practice quiz at least once

Certification

To be issued a certificate, a candidate must:

  • Pass the ORAE qualifying examination with a required passing score of 75% out of 100- Multiple Choice Questions (MCQ)
  • Submit a non-refundable Application Processing Fee
  • Submit the Certification Application Form to certification team
  • New call-to-actionDescribe eight (out of the fifteen) OR Body of Knowledge (OR BoK) as experience
  • Select two references for each OR BoK (references may be repeated for all eight of the  fifteen OR BoK

Fee Payment

Application Processing Fee via PayPal Application Processing Fee: SGD 150. (Not included in course fees and non-refundable even if the application is rejected)
  Annual Maintenance Fee: SGD 150 (Applicable after your first year of certification)

Find Out More ...

       
Certification ORAE Operational Resilience Audit Expert Certification ORAS Operational Resilience Audit Specialist Certification ORCP Operational Resilience Certified Planner Certification
Certification Type Operational Resilience Audit Expert Operational Resilience Audit Specialist Operational Resilience Certified Planner
Certification Application Fee SGD 150 SGD 75

SGD 50 

Complimentary for year 1

OR Body of Knowledge 8 of 15 OR BoK 4 of 15 OR BoK Not Required
Year of Experience > Three years > One year Not Required
Attend OR Course New call-to-action New call-to-action New call-to-action
Course OR Expert Auditor OR Auditor OR Certified Planner
Course Code ORA-5000 ORA-300 OR-200

Find out more about Operational Resilience Audit ORA-5000 [ORA-5] & ORA-300 [ORA-3]

ORAS Operational Resilience Audit Specialist Certification (Size 75)New call-to-actionTo learn more about the course and schedule, click the buttons below for the ORA-300 Operational Resilience Audit Specialist [ORA-3] course and the ORA-5000 Operational Resilience Audit Expert [ORA-5] course.

New call-to-action Tell Me More About BCM- 8030 New Call-to-action
New call-to-action New call-to-action New call-to-action
New call-to-action

Please feel free to send us a note if you have any of these questions.

Email to Sales Team [BCM Institute]

New call-to-action
 
Read More
[ORA-5] Module (Day) 4 of ORA-5000 Operational Resilience Audit Expert

[ORA-5] Module (Day) 4 of ORA-5000 Operational Resilience Audit Expert

 

New call-to-action

Operational Resilience Expert Auditor (ORA-5000) Training Roadmap [Module 4]

ORA Learning Roadmap Know-Do-Manage

Description of Module [Day] 4 Course 

New call-to-action

Module 4 focuses on the crucial steps in executing and finalising an operational resilience (OR) audit, equipping participants with the following skills.

Summarise Findings and Categorise Impact
  • Extract key insights from diverse data sources.
    Group findings based on severity, risk level, and potential impact.
  • Develop clear and actionable recommendations for stakeholders.
Prepare a Final Audit Report
  • Craft a comprehensive and well-structured document.
  • Include an executive summary highlighting key findings and conclusions.
  • Present methodology, evidence, and detailed recommendations.
  • Effectively communicate the report to diverse audiences.
Navigate Audit Challenges and Ensure Stakeholder Engagement
  • Identify potential hurdles and roadblocks throughout the process.
  • Develop strategies to overcome challenges and maintain progress.
  • Proactively anticipate stakeholder concerns and address them effectively.
  • Foster open communication and collaboration throughout the audit.

Detailed Course Content

 

Summarise Findings from the Data Collected [Summarise Findings]
  • Compile a concise summary of audit findings.
  • Categorize findings based on their nature and impact.
  • Provide clear and actionable insights to stakeholders.
Prepare a Final Audit Report [Audit Reporting]
  • Develop a comprehensive and well-structured final audit report.
  • Include an executive summary, methodology, findings, and recommendations.
  • Communicate the report to relevant stakeholders and seek feedback.
Understand and Anticipate Challenges of Executing and Finalising the OR Audit [Audit Challenges]
  • Identify potential obstacles and challenges in the audit process.
  • Develop strategies to address and overcome challenges.
  • Ensure effective communication with stakeholders throughout the audit.

 

Course Content for ORA-5000

New call-to-action New call-to-action New call-to-action New call-to-action

 


More Information About Blended Learning Operational Resilience Audit (ORA) Courses

BCM Institute offers two levels of OR auditing courses: ORA-3 or ORA-300 Operational Resilience Audit Specialist and the ORA-5 or ORA-5000 Operational Resilience Audit Expert.

New call-to-action New call-to-action New call-to-action
New call-to-action Tell Me More About BCM- 8030 New Call-to-action
New call-to-action Please feel free to send us a note if you have any questions. Operational Resilience Audit Specialist (ORAS) Certification
New call-to-action Email to Sales Team [BCM Institute] New call-to-action
 
Read More