Operational Resilience Audit

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Examination

[ORA-3/5] Module (Day) 2 of ORA-5000 Operational Resilience Audit Expert

[ORA-3/5] Module (Day) 2 of ORA-300/5000 Operational Resilience Audit Expert

Sep 7, 2024 2:40:25 PM

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

ORA Learning Roadmap Know-Do-Manage

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

Session	Detailed Description
Module 2 Session 1
Understanding Operational Resilience (OR) and Its Importance	Understanding operational resilience and its importance Exploring the global regulatory landscape and industry standards Overview of operational resilience planning methodology
Understanding OR Concepts and Process	Introduction to Audit Terminology Have a good understanding of audit definitions and concepts relating to OR concepts. Understand the four strategic OR audit processes and the content (requirement) of the global and national OR standards. Able to explain the OR concepts and their interlink as explained in greater detail from the context of an auditor's perspective.
Audit Planning and Preparation	Defining audit objectives and scope Developing an audit plan and checklist Gathering relevant information and documentation Evaluating Control Environment and Governance Structures
Understand the OR Framework and OR Program	Understand the concept of a management system implemented under the International Organisation for Standardisation (ISO). Apply the ISO process of Plan-Do-Check-Act (PDCA. Walkthrough of the content of the OR standard Be able to compare a country-level OR implementation with one that has.
Aligning to OR Standard	Have hands-on experience in reviewing international OR standards. Learn how to process, analyse and interpret the OR requirement specified in the standard. Align OR fundamentals to your specific OR requirement
Module 2 Session 2
Planning and Preparing the OR Audit	Understand the Structure of an OR Program, Handling of the Auditees and Stakeholders and Develop a Standardise Audit Program Understand the scope of the key OR components and requirements. Develop and present their standardised audit program. Have hands-on experience using customised templates for auditing the standardised audit program.

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.

Rose Lam

certification, Examination, audit, Blended Learning, Operational Resilience Audit, ORAE, ORAS

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

Feb 22, 2024 2:08:21 PM

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

[Module 2]

ORA Learning Roadmap Know-Do-Manage

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.

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

Operational Resilience Audit Specialist (ORAS) Certification

Rose Lam

certification, Examination, audit, Blended Learning, Operational Resilience Audit

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

Jan 5, 2024 4:52:47 PM

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:

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.

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




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

Rose Lam

certification, Examination, BCM-8530, BCM-200, BCCLA, Blended Learning

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

Jan 5, 2024 4:52:36 PM

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

Description of Module [Day] 4 Course

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

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.

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

Azizah Nurdin

Examination, BCM Planning Methodology, Blended Learning, ORCP, Operational Resilience Roadmap, Operational Resilience Audit, ORAE, ORAS

[ORA-3/5] Module (Day) 1 of ORA-300/5000 Operational Resilience Audit Expert

Jan 5, 2024 1:06:27 PM

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

Module 1

You can attend Module 1, which leads to the Operational Resilience (OR) Certified Planner course, which has the course code BL-OR-2. This course provides you with the knowledge or KNOW competency.

If you are assigned to audit or review your organisation's OR program, it is highly recommended that you attend both Module 1 and 2, the OR Audit Specialist course, or ORA-3. Module 2 allows you to have practicums on operationalising the OR framework.

It gives you an in-depth understanding of the critical OR deliverables required. This course provides you with KNOW-DO competency.

Description of Module [Day] 1 Course

You will be introduced to Operational Resilience (OR) Audit Requirements.

Note that this course is also Module 1 of the Operational Resilience Implementer OR-300 course.

Module 1 defines operational resilience (OR) and provides the participants with a contextual overview of its scope in different operating environments. Key concepts are explained with examples to illustrate. The value of OR in today’s organizations and critical success factors for building resilient organizations are highlighted.

Session Breakdown: What Lies Ahead

As we progress through this course, it's essential to understand the structure and content of each session. Let's break it down to sessions one and 2 of the ORA-300/5000 Module 1.

Module 1 Session 1: We will provide a foundational understanding of operational resilience. You will learn about its nuances and the critical role of regulators in shaping your approach. We'll clarify the distinction between key concepts such as operational risk management, organisational resilience, business continuity management and crisis management.

Module 1 Session 2: Building upon the first session, we'll explore regulatory requirements and how to align your organization with a planning methodology. We'll also explore practical tools and strategies to assist you in this operational resilience endeavour.

Detailed Course Content

Lesson & Topic		Description
Module 1 Session 1
Overview of Operational Resilience		Understand basic OR Concepts and terminologies Discuss the distractions and confusion between the many related fields and disciplines. Identify the critical success factors and benefits of OR
Update on Regulatory Positions		Update on the latest issuance of OR regulations and updates Compare with the various authorities and the regional implications for Financial Services Institutions (FSI)
OR Planning Methodology: Framework and Principles		Understand the phases and stages within the OR planning methodology Identify the critical components of the OR planning methodology. Walkthrough of the relevance of the OR planning methodology to the organisation Define the principles supporting OR for the financial institutions
Module 1 Session 2
Types of operational disruptions		Identify and determine the types of operational disruptions covered by operational resilience.
Define Critical Business Services		Define and identify critical business services Understand the components of typical critical business functions and critical business services.
Types and Levels of Impact Tolerances		Identify impact types and set impact tolerances for each type Understand impact tolerances to risk appetite and to risk assessment scales or "level of harm."
Understand and review critical activities, processes and resources		Map the resources and processes for operational resilience within an organisation for its critical business services. Link critical activities, underpinning services and internal services.
Define and develop Scenario Testing		Define and develop OR scenarios Identify and understand plausible scenarios and link them with operational/ resource disruption. Determine the types of testing for the specific disruptive events

Deliverables

Be competent with the knowledge of operational resilience
Have a strong understanding of the respective building blocks and methodology to implement your OR program

Course Content for BL-ORA-5

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

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

Suhana Sunreh

Operational Resilience Audit

Examination

[ORA-3/5] Module (Day) 2 of ORA-300/5000 Operational Resilience Audit Expert

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Module (Day) 2 Course Content

Detailed Course Content

Deliverables

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

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

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

[Module 2]

Description of Module (Day) 2 Course

Detailed Course Content

Deliverables

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

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

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Description of Module [Day] 3 Course

Detailed Course Content

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Deliverables

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

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

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

Description of Module [Day] 4 Course

Summarise Findings and Categorise Impact

Prepare a Final Audit Report

Navigate Audit Challenges and Ensure Stakeholder Engagement

Detailed Course Content

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

[ORA-3/5] Module (Day) 1 of ORA-300/5000 Operational Resilience Audit Expert

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Module 1

Description of Module [Day] 1 Course

Session Breakdown: What Lies Ahead

Detailed Course Content

Deliverables

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

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

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

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