Operational Resilience Audit

ORA-300/ 5000 Operational Resilience Audit Specialist (ORAS) Training Roadmap [Module 2] 

Module (Day) 2 Course Content

the participants on the audit application. The participants will be provided access to the audit terminology via the ISO standard document and the electronic Wikipedia (www.bcmpedia.org).

Detailed Course Content

Deliverables

Course Content for BL-A-5

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

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

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

Overview of ORA-300 Blended Learning Course

In BCM Institute’s ORA-300 Blended Learning course, the onsite ORA-300 Operational Resilience Auditor two-day course is now conducted in 2 modules (or four compulsory 3-hour sessions) across four weeks.

This course allows potential OR auditors and appointed reviewers of the OR initiative to be grounded on the fundamentals of operational resilience.

This two-module course is offered as the "OR Implementer" or OR-300 in the OR-5000 course.  This OR audit specialist track was the foundation for auditors to advance to OR audit modules 3 and 4.  Note that attending Module 1 and 2 for ORA-5000 is mandatory.

This protracted time frame allows one to understand the concepts taught in digestible bite sizes with targeted online interactions. Care and consideration have been implemented to ensure the content and syllabus are of the same standard and rigour as our onsite classes.

You will learn the same syllabus taught by the same industry practitioners you would have onsite. However, the same practitioner and many OR experts from other regions will be available during the scheduled online classes. 

We have catered for the two-time zone.  One course starts at 2 pm (GMT+8) and the other at 9 pm (GMT+8).  Google your city time versus Singapore to find your start time from where you are.

Below is a snapshot of what you can expect from the program. Each module's syllabus [Course Content] has been carefully crafted to ensure that the outcome [Course Requirement] matches each day of the OR-300 Operational Resilience Implementer competency level.

	Module (Day)	Course Content	Course Requirement

Operational Resilience Audit for Financial Institutions

An array of regulatory developments impacting the financial services industry, such as refining the managing of disruptions, increasing interconnectedness and third-party/ outsourcing dependencies and dependencies on IT and rapid digitalisation, means operational resilience will remain a significant area of concern for the board, regulators, policymakers, investors and customers.

The challenge is organisations' approaches to dealing with differing regulations globally. In terms of resilience structure, organisations have looked at their governance frameworks and ensured they are fit for purpose, as well as utilising stress and scenario testing to assess their capabilities, which is more than their existing business continuity and crisis management programs.

What are the Differences and Concerns?

Concerns: The primary concern with blended learning is that it will be another eLearning training over video channels. After more than two years of continuous improvement, the entire blended learning (100% online) process is designed such that the content will provide the same outcome or, in fact, better.

Instructors: Note that instructors delivering the modules remain the same as the onsite training.  They are involved in risk management with solid business continuity and crisis management backgrounds and have worked or are still working at a financial institution.

International Participation: Another significant change will be the participation of more international delegates compared to the traditional majority of Asian participants.  Be expected to discuss and work as teams from around the world.  Feedback from past participants highlights that they have learnt many practices from Asia-Pacific and other regions.

Readings: Be expected to have more pre-readings as the objective is to ensure that knowledge that could be acquired via reading should be done outside the training session.  More time is allocated to sharing experiences with the participants and facilitators.

Onsite Versus Remote Learning

The "brick-and-mortar" operational resilience courses are available in the capital cities, such as Singapore and Kuala Lumpur, Malaysia. The good news is that you can attend the course via our 100% online version.

During the last three years of conducting blended learning (online), the participants felt that our re-engineered online learning is not another 2-days of continuous training but rather a package of self-paced, self-directed.

Also, most face-to-face exposure is to learning directly from experts and fellow international participants. 

We hope to see you at our next session.

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

 

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

 

ORA-5000 Operational Resilience Audit Expert (ORAE) Training Roadmap

[Module 2] 

Description of Module (Day) 2 Course

Module 2 aims to provide the participants with an operational resilience framework that involves identifying essential business services, setting impact tolerances, and mapping and testing to respond to operational disruptions.

Participants will better understand the regulatory environment and what it means regarding operational resilience.  The key clauses of some of the regulations will also be discussed, especially on how to comply with these requirements.

Course Requirement to learn more about what is expected from you as a participant when attending Module 2.

Detailed Course Content

Deliverables

Participants should be able to understand the details of an audit application: the planning, preparation, deployment, and implementation of an audit assignment.

Course Content for BL-ORA-5

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

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

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

What Are You Required to Complete for Module 2 of the ORA-300/ 5000 Programme?

Module 2: Facilitated Online Workshop

To complete Module 2 of the ORA-5000  (ORA-5) / ORA-300 (ORA-3) course, participants must attend a walk-through of the overview of the "Implement" phase and the five stages of the OR Implementation process. 

These are:

1. Build an Operational Resilience Programme
2. Recognize and analyze types of operational disruptions

The five stages are:

1. Identify critical business services
2. Set appropriate impact tolerances for critical business services
3. Map operational resilience across the organization
4. Perform scenario testing
5. Communicate operational resilience plans effectively

Click the "Course Content" button to find out more about the content for Module 2.

Before attending each of the two facilitated online workshops, the typical activities to complete each phase are as appended below.

The Sequence of A Typical Walkthrough of Each Module

• A typical walk-through of a Module 2 consists of the following:

  1. Pre-reading [Maximum of a half hour]
  2. Download and Complete the template [Maximum of one hour]
  3. Attend a Facilitated Online Workshop [Maximum of three hours]

Pre-readings assigned are blog articles. 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.

Once the schedule for the specific phase is confirmed, you will be notified to proceed to download the assignment template and have your first attempt at completing the specific module.

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

Objectives of Session

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

You may wonder why you are doing the template when the lesson has not yet been conducted.  It will also allow you to contextualize your business environment and ask related questions with the help of the pre-reading material provided.

To complete Module 2, participants must attend two (2) online workshop sessions (three hours per session).  All sessions are compulsory and run on a pre-determined schedule. There would not be a repeat or substitute session for anyone who missed it.

Online Session 1

• Recognize and analyze types of operational disruptions
• Identify important business services
• Set appropriate impact tolerances for critical business services
• Identify important business services
• Set appropriate impact tolerances for critical business services.

Online Session 2

• Map operational resilience across the organization
• Perform scenario testing
• Communicate operational resilience plans effectively

In addition, you are required to:

• Submit your completed assignment template (via eCampus) to the facilitator within two days after the Facilitated Online session. 
• Do note that you should have completed the template (do not submit it) before you attend the online session.

Breakdown of Time Spent

Here is a breakdown of the time spent for Module 2 for two 3-1/2 hours per session.

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

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

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

 

 

Operational Resilience Expert Auditor (ORA-5000) Training Roadmap [Module 3] 

Description of Module [Day] 3 Course 

Detailed Course Content

The participants should understand the key areas and considerations when auditing the operational resilience project and program. By understanding the OR framework and requirements aligned to international and local OR standards and the audit process, the participants can develop the audit and compliance strategy.

This is followed by the implementation of an audit checklist with an audit programme that is aligned with the specific industry and business requirements with

The participant should, at a minimum, attain a basic grasp of OR concepts and principles:

In summary, participants should be able to:

The Standardised Audit Program or Audit Checklist will be developed in Module 3. The participant will be orientated to the content of the operational resilience before the practicum starts.

Deliverables

• Able to have a good understanding of Operational Resilience Audit
• Able to conduct audit fieldwork on an organisation
• Able to perform an audit interview and present findings of the audit

Course Content for ORA-5

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

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

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