Operational Resilience Audit

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Operational Resilience Roadmap

[BL-HL-ORA-5] What is a OR Audit Expert Blended or Hybrid Learning Course?

[BL-HL-ORA-5] What is an OR Audit Expert Blended or Hybrid Learning Course?

Click to learn more about ORA-5000

Click to learn more about ORA-300


Overview of ORA-5000 Blended [BL] or Hybrid Learning [HL] Course [ORA-5]

ORA-5000_Handbook_Cover_3DThe Operational Resilience (OR) Audit blended learning is the most advanced level of OR audit training for certification, financial, IT internal and external auditors.

This comprehensive course is equivalent to the international certification of an  Operational Resilience (OR) Auditor. Its combination of online interaction allows busy and interested auditors to study with minimal schedule disruption.

This course is NOT a four-day, hour-by-hour direct conversion course from its brick-and-mortar version but revamped with several guiding principles.

  • Complete the course by developing the relevant toolkits for the entire auditing process.
  • Built with OR knowledge, followed by the integration of OR auditing concepts.
  • Provide participants with downloadable handbooks and the latest OR audit program based on the latest global regulatory update.
  • Access to additional audit readings for those who are already experienced
  • Facilitated by experienced IT/Financial and also OR implementer/auditors
  • Able to conduct the audit via an electronic platform without travelling to another country or state.

Here is a quick overview of the course, divided into modules 1 to 4. Module 1 to 4 and their relationship to the ORA-300-400-5000 level courses are explained.

 

The conduct of each module is described with the corresponding on-site learning outcome.

Below is a snapshot of what you can expect from the program. Each module's syllabus has been carefully crafted to ensure that the outcome matches each day of the ORA-5000 OR Auditor competency level.  

Click the "Course Content" icon to learn more about each module's content (syllabus).  Click the "Course Requirement" icon to determine what you can expect as participants for each module.

 

Module (Day) Course Content Course Requirement

Breakdown of the Time Spent

Module Mode of Study Flexible (Hours) Mandatory & Fixed Timing (Hours)
E-learning/ Self Study 8 -

Facilitated Online Workshop

(3 Hours Self Study = Assignment + 6 Hours Schedule Online Classes)

3 6 (3-hour x 2 separate sessions)
Total Hours Blended Learning [BL]

Module 1 and 2 Note that participants attending Hybrid Learning [HL] will attend the same BL Module 1 and Module 2

11

6

 

Breakdown of the Time Spent Blended Learning (BL) Module 3 & 4

Online Web Training and Discussion Workshop (2 Hours Self Study + 3-Hour Schedule Online Classes) Two sessions 6 (3-hour x 2 separate sessions)
Online Web Training and Discussion Workshop (2 Hours Self Study + 2 Hours Schedule Online Classes) Two sessions 6 (3-hour x 2 separate sessions)
Total  Hours

Blended Learning [BL] Online

Modules 3 and 4 

Four 3-hour sessions 18
       
Breakdown of the Time Spent Hybrid Learning (HL) Module 3 & 4
Hybrid Learning [HL] Onsite Face-to-face Workshop 1-day onsite 8
Hybrid Learning [HL] Onsite Face-to-face Workshop 1-day onsite 8
Total Hours Hybrid Learning [HL] Onsite Day 3 and Day 4  2-day onsite 16
 

 

   
Qualifying Examination for OR Audit Specialist/ Expert

ORAE Qualifying Examination for OR Audit Expert  (after BL-HL-ORA-5 course)

100 Multiple-choice Questions 2 and 1/2 hour

ORAS Qualifying Examination for OR Audit Specialist (after BL-HL-ORA-3 course)

100 Multiple-choice Questions 2 and 1/2 hour

What are the Differences and Concerns?

The primary concern with blended learning is that it will be another E-Learning training over a video channel.

The entire process is designed such that the content will provide the same outcome with pre-readings provided before the class, preparation of assignments supported by detailed guidance notes, eLearning for learning of fundamentals, and the online "face-to-face" is for sharing and elaboration by experienced facilitators.

Instructors: Note that instructors delivering the modules remain the same as the onsite training.  They have at least 5 to 30 years of OR and audit-related experience.

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.

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.

Live Audit: Despite being virtual, there is a balance between knowledge-based acquisition activities, presentations, discussions, exercises and case studies. About two-thirds of the time is spent on activity-based learning. A live audit will be conducted. 

IC_ORA-5000_Course Schedule_SquareThis is the course schedule.  Click the "ORA-5000 Course Schedule" icon to learn more about the "RUNs" for the year. 

Blended Learning is entirely online, Hybrid Learning is Module 1 and 2 online, and Module 3 and 4 onsite.

 

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

 

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

Module 1 

ORA-Know-Do-Manage-Diagram

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

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.

 

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