Operational Resilience Audit

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certification (4)

Operational Resilience Audit Specialist (ORAS)

Operational Resilience Audit Specialist (ORAS)

BG Bann_ORA_Qualifying ORAS ExamOperational Resilience Audit Specialist (ORAS)

Pre-requisites

The pre-requisites are:

    • Attend and complete the ORA-300: Operational Resilience Audit Specialist course and Pass the Qualifying ORAS examination
      AND
    • Have at least one year of Operational Resilience/ business continuity/ crisis management/ IT disaster recovery and/or auditing professional experience and
    • Be able to describe at least 4 OR related Body of Knowledge (BoK)
    • Send in the SGD 75 (Singapore Dollar) ORAS 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]
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    How to be Certified

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

    • Formal Education (attend and complete the ORA-300: Operational Resilience Implementer course)
    • Examination (attempt and pass the Qualifying ORAS examination)
    • Show proof of at least one year of verifiable OR or ORA experience (Refer to the application form for further explanation)
    • Make a payment of SGD 75 (non-refundable) application processing fee.

    Formal Education

    • Sign up for the course and complete the four modules
    • Pay the Course Fees before starting the eLearning course
    • Be assigned login credentials to start the eLearning
    • Answer quizzes at the end of each sub-module
    • Complete the course within 30 days from issuance of userid.
    • Be competent in Competency Level CL 1: Foundation (OR) and Competency Level CL 2: Intermediate (OR)
    • Be awarded ORCP certification.

    Examination

    To sit for the Examination, a candidate must:

    • Be competent in the Competency Level CL 1OR: Foundation (OR) and CL 2OR: Intermediate (OR), including the 4 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 ORAS 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
    • Describe at least four (out of the fifteen) OR Body of Knowledge (BoK)
    • Select two references for each BoK* (references may be repeated for all four OR BoK

    Fee Payment

    • Application Processing Fee (BCMpedia)Application Processing Fee (Singapore Dollar): SGD 75. (Not included in course fees and non-refundable even if the application is rejected)
    • Annual Maintenance Fee: SGD 75 (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
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 OR Planner Landing Page
Course OR Expert Auditor OR Auditor OR Certified Planner
Course Code ORA-5000 ORA-300 OR-200
       
       
       
       
       
       
 

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Certification ORCE Operational Resilience Certified Expert Certification (Size 100) ORCS Operational Resilience Certified Specialist Certification ORCP Operational Resilience Certified Planner Certification
Certification Type Operational Resilience Expert Auditor Operational Resilience Audit Specialist Operational Resilience Certified Planner
Course

OR Expert Auditor/ Manager 

OR Audit Specialist

OR Planner

Course Code

OR-5000/ 400 

OR-300

OR-200

Pre-requisite needed to attend the course
No  No No
However, you will need the necessary years of experience when applying 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 OR Implementer Landing Page OR Planner Landing Page
Module (1 to 4) One to Four One to Two One
BL-OR-5 M4 Course Requirement OR-5000 BL-OR-5 M3 Course Content OR-5000 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.

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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]
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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.
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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.

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[ORA-3/5] [M2] What is Needed to Complete Module 2 of the ORA-5000 Blended Learning Course?

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

Module 2: Facilitated Online Workshop

[BL-ORA] [3] M2 What is ORA-300?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

New call-to-actionClick 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

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  • 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]
[1] Pre-reading

 

IC_BL_PreReading

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.

 

Time Requirement
Module 2 [1]
Half Hour
(Per phase)

 

[2] Download and Complete Template

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.

 

[2] Time Requirement
Module 2 [2]
One Hour
(Per Phase)

 

[3] Attend Facilitated Online Workshop

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.

 

Time Requirement Module 2 [3] Three Hour
Per 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.

 

Module Mode of Study Hours
M2-S1

Web Training and Discussion Workshop

  • 1-Hour Self Study (Pre-reading and review of the case study)
  • 3-Hour Schedule Online Classes
4
M2-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 Blended Learning ORA-300 Operational Resilience Audit Specialist and the ORA-5 Blended Learning ORA-5000 Operational Resilience Audit Expert.

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[ORA-5] What is an ORA-5000 Operational Resilience Expert Auditor Course?

[ORA-5] What is an ORA-5000 Operational Resilience Expert Auditor Course?

BG Bann_ORA_ORA-5000 General Banner

Overview of ORA-5000 Operational Resilience Expert Auditor [ORA-5] Course

While professionals generally still prefer to attend an onsite classroom-based course with a facilitator or instructor being present, (electronic) online video face-to-face workshop practices are fast gaining momentum as a participant prefer to acquire the learning over some time.  The other preference is reducing travelling as remote work or attending courses in the office is becoming the norm.

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The roadmap above is a snapshot of what you can expect from the programme. It is divided into the respective modules 1 to 4.  Find each module's syllabus by clicking the four [Course Content] buttons.  The content has been carefully crafted to ensure that your participation and outcome match each day of the ORA-5000 OR Audit Expert competency level. 

Click any of the four buttons [Course Requirement] to learn more about your participation and involvement in this course.

The course fee is SGD 3,850 for 100% online and SGD 4,150 for online + onsite, payable before the class starts. 

 

Module

New call-to-action [BL-ORA] [3] M2 What is ORA-300? New call-to-action [BL-ORA] [4] [5] M4 What is ORA-5000?

Course Content

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Course Requirement

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Breakdown of the Time Spent

Module Mode of Study Flexible (Hours) Mandatory & Fixed Timing (Hours)
New call-to-action Online Self-pace eLearning (Eight 1-Hour Self Pace eLearning Classes) 1 8 (1-hour self-pace eLearning sessions)
[BL-ORA] [3] M2 What is ORA-300?

Facilitated Online Workshop (1 Hour Self-Reading + 6 Hours Scheduled Online Classes)

1 6 (3-hour x 2 separate sessions)
New call-to-action Online Training and Discussion Workshop (2 Hours Reading/ Assignment + 3-Hour Schedule Online Classes) 2 6 (3-hour x 2 separate sessions)
[BL-ORA] [4] [5] M4 What is ORA-5000? 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 6 24
 

 

   
 

Attempt Qualifying Examination

Question Duration
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Operational Resilience Audit Expert (ORAE) after ORA-5 course

100 2 and 1/2 hours
Operational Resilience Audit Specialist (ORAS) Certification Operational Resilience Audit Specialist (ORAS) after ORA-3 course 100 Completed during the Module 1 eLearning Module
ORCP Operational Resilience Certified Planner Certification Operational Resilience Certified Planner (ORCP) after ORA-2 course 50 1 and 1/2 hours

Operational Resilience Audit for Financial Institutions

Post-COVID-19, various regulatory developments have impacted the financial services industry, such as refining the management of disruptions, increasing interconnectedness and third-party/ outsourcing dependencies and dependencies on IT.  This emphasises that operational resilience will remain a significant concern for the board, regulators, policymakers, investors and customers.

The challenge is organizations' approaches to dealing with differing regulations globally. In terms of resilience structure, organizations have looked at their governance frameworks and ensured they are fit for purpose. They utilise 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?

Hybrid vs Blended Learning OR Audit

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.

New call-to-actionBe 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]
 
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[ORA-5] Module (Day) 3 of ORA-5000 Operational Resilience Audit Expert

[ORA-5] Module (Day) 3 of ORA-5000 Operational Resilience Audit Expert

 

New call-to-actionOperational Resilience Expert Auditor (ORA-5000) Training Roadmap [Module 3

ORA Learning Roadmap Know-Do-Manage

Description of Module [Day] 3 Course 

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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:

 

 Introducing Operational Resilience Auditing
  • What is Operational Resilience and OR Audit? 
  • What is the difference between BCM and CM audit?
  • 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 OR 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.

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.

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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
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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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ORAE Operational Resilience Audit Expert Certification Email to Sales Team [BCM Institute] ORAS Operational Resilience Audit Specialist Certification
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