Operational Resilience Audit

Operational Resilience Audit Courses

These operational resilience audit (ORA) courses are designed with BCM professionals operating globally in mind.

Courses are available as Blended Learning (100% Online) as well as Hybrid Learning (50% Online and 50% Onsite) and are divided into three levels of competencies:

At the end of each course, participants would be assessed through assessments and examinations to ascertain his/her level of competency.

They can look forward to receiving an internationally recognised OR certification through any of our OR certification courses.

More Information About Operational Resilience Audit ORA-5000 [ORA-5] or ORA-300 [ORA-3] Course

OR-300 Operational Resilience Implementer [OR-3] course and the OR-5000 Operational Resilience Expert Implementer [OR-5] course.

	If you have any questions, click to contact us.

Overview of the ORA-400 Operational Resilience Audit Manager Course

BCM Institute’s ORA-400 course is conducted in two modules over four weeks. Module 3 and Module 4 are the ORA-400 Operational Resilience Audit Manager* or the ORA-5000 Operational Resilience Audit Expert courses.

*Please be informed that you must complete the ORA-300 OR Audit Specialist course or BL-ORA-3 before starting the ORA-400 course.

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

You will learn the same syllabus and be taught by the same industry practitioners as you would onsite. The same practitioner will be available to you during the scheduled online classes.

The roadmap above provides a snapshot of the programme's content. It is divided into modules 3 to 4.  

Below is a snapshot of what you can expect from the programme. It is divided into the respective modules 3 to 4.  Find out each module's syllabus by clicking any of the two [Course Content] buttons.  The content has been carefully crafted to ensure that your participation and outcome match each day of the ORA-5000 Operational Resilience Audit Expert competency level.  Click any of the two buttons [Course Requirement] to learn more about your participation and involvement in this course.

The course fee is SGD 2,400 for 100% online and SGD 2,700 for onsite, payable before the class starts. 

Module
Course Content
Course Requirement

Breakdown of the Time Spent

Module	Mode of Study	Flexible (Hours)	Mandatory & Fixed Timing (Hours)
	Online Training and Discussion Workshop (2 Hours Reading/ Assignment + 3-Hour Schedule Online Classes)	2	6 (3-hour x 2 separate sessions)
	Online Training and Discussion Workshop (2 Hours Self Reading/ Assignment + 3 Hours Schedule Online Classes)	2	6 (3-hour x 2 separate sessions)
	Total Hours	4	12
	Attempt Qualifying Examination	Question	Duration
	Operational Resilience Audit Expert (ORAE) after ORA-5 course	100	3 and 1/2 hours

What are the Differences and Concerns?

Click the icon on the right to learn more about the difference between Blended Learning and Hybrid Learning offered by BCM Institute.

The entire process is redesigned with pre-reading (at your own time and pace) and preparatory work (rather than one hour doing the work in class) supported by proprietary guidance notes. In fact, after several cohorts, the content from those who had attended our other advanced-level courses highlights a better way to provide the same outcome.

Instructors: Note that instructors delivering the modules will remain the same as those providing the onsite training.  At BCM Institute, most instructors still practise BCM and risk management professionals (in this case, operational resilience and operational risk) with a minimum of 12 years of direct BCM experience as they hold regional or global resilience responsibilities.

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.

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 between the participants and facilitators.

Schedule for Courses: This is the schedule and dates for the start of the next course.  Click "ORA-5000 Course Calendar" to learn more about the "RUNs" for the year.

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.

 

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.

 

Welcome 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

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.  
• Once 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.

  

  
  

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?

• US/ Europe/ Middle East
• Asia Pacific

• 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
    
    

• 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.

	If you have any questions, click to contact us.

 

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.