Operational Resilience Audit

Module (Day) 2 of ORA-5000 Operational Resilience Audit Expert [ORA-5]

Written by Rose Lam | Feb 22, 2024 6:08:21 AM

 

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

 

Topic Description
Module 2 Session 1
Build an Operational Resilience Programme
  • Align Operational Resilience (OR) initiatives to Executive Management and the Board's goals.
  • Walkthrough OR Planning Methodology
  • Identify steps to building an Operational Resilience Programme
  • Understand the components of an OR Framework
Recognize and analyze types of operational disruptions
  • Identify types of operational disruptions
  • Analyze and identify the types of operational disruptions relevant to an organisation.
  • Identify the operational disruptions that relate to operational resilience.
Identify critical business services
  • Analyse and Identify critical business services.
  • Recognise and differentiate what is not part of critical business services.
Module 2 Session 2
Set appropriate impact tolerances for critical business services
  • Set appropriate impact tolerances for critical business services.
  • Identify impact types and set impact tolerances for each type.
Map operational resilience across the organization
  • Map operational resilience across the organization.
  • Understand and be able to document the process/ value chain.
  • Map the value chains across multiple business units.
Perform scenario testing
  • Perform scenario testing
  • Create a scenario testing library.
  • Identify types and frequency and develop categories of testing scenarios.
  • Be prepared for the expectations of the regulators.
Improve and Communicate Lesson Learnt
  • Learnt the strategy to promote a culture of continuous learning.
  • Communicate and improve from scenario testing and actual incidents. 
  • Update operational resilience plans effectively.

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.

     
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