Operational Resilience Audit

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Operational Resilience Audit Certification

Operational Resilience Audit (ORA) Certification

 

ORAE Operational Resilience Audit Expert Certification ORAS Operational Resilience Audit Specialist Certification ORCP Operational Resilience Certified Planner Certification

OPERATIONAL RESILIENCE AUDIT CERTIFICATION

 

To obtain an operational resilience audit (ORA) certification, one has to fulfil the following conditions:

  1. Attend the relevant courses attached to the desired  operational resilience certification
  2. Pass the qualifying certification examination
  3. Send in the appropriate certification application fees
  4. Send in the certification application form detailing at least 4 or 8 (depending on the desired certification) operational resilience experiences to the OR Body of Knowledge (BoK)

Certification would then be awarded once the independent certification body is satisfied that all conditions are met.

Certifications are then valid for one year, after which they need to be renewed yearly to ensure their validity.

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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
Course

OR Audit Expert / Manager 

OR Audit Specialist

OR Planner

Course Code

ORA-5000/ 400 

ORA-300

OR-200

Pre-requisite needed to attend the course
No  No No
However, you will need years of experience to apply 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 New call-to-action New call-to-action
Module (1 to 4) One to Four One to Two One
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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 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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[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?

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Click to learn more about ORA-5000

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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.

ORCP Operational Resilience Certified Planner Certification

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.

 

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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

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[BL-ORA] [3] M2 What is ORA-300? New call-to-action New call-to-action

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[BL-ORA] [4] [5] M4 What is ORA-5000?

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Breakdown of the Time Spent

Module Mode of Study Flexible (Hours) Mandatory & Fixed Timing (Hours)
New call-to-action E-learning/ Self Study 8 -
[BL-ORA] [3] M2 What is ORA-300?

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

New call-to-action Online Web Training and Discussion Workshop (2 Hours Self Study + 3-Hour Schedule Online Classes) Two sessions 6 (3-hour x 2 separate sessions)
[BL-ORA] [4] [5] M4 What is ORA-5000? 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
New call-to-action Hybrid Learning [HL] Onsite Face-to-face Workshop 1-day onsite 8
[BL-ORA] [4] [5] M4 What is ORA-5000? 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
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ORAE Qualifying Examination for OR Audit Expert  (after BL-HL-ORA-5 course)

100 Multiple-choice Questions 2 and 1/2 hour
Operational Resilience Audit Specialist (ORAS) Certification

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?

Hybrid vs Blended Learning AuditThe 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.

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

 

[Back to] What is [BL-ORA] [3]?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 

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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

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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
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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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