Operational Resilience

This course is aimed at risk practitioners and business managers who are responsible for building operational resilience in their organization. It breaks down what it means to be operationally resilient, and lays out practical steps you can take to understand business operations in order to pursue resilience strategies, and test your organizations capability to remain resilient under operational disruption and stress.
 
  Course Launch: On-Demand
 
 
Course Access:  90 days from date of purchase

  Time:
4 Hours

 

About This Course
 
 

Course Description

In this course, you'll learn:

1.      Defining Operational Resilience

·         What is operational resilience?

·         Characteristics of operational resilience

·         Operational resilience terminology

2.      The Drivers of Operational Resilience

·         The key drivers of operational resilience

·         Global regulatory overview

·         Resilience standards overview

·         The difference between organizational resilience and operational resilience

3.      What Disruptions are we Managing?

·         Disruptive events

·         The concept of severe but plausible

·         Gray rhinos and black swans

4.      An Operational Resilience Framework

·         The steps in an operational resilience framework

·         An example walkthrough of the key steps

5.      Identifying Stakeholders and Objectives

·         Identifying your stakeholders

·         Understanding and articulating your stakeholders objectives

·         Which stakeholders to consider as part of your operational resilience framework

6.      Identifying Critical Operations

·         Defining critical operations

·         Understanding end to end value for your stakeholders

·         Data sources and guidance on identifying and classifying critical operations

7.      Setting Tolerance Levels

·         The different types of tolerance levels

·         Sources of data you can use to determine tolerance levels

·         Determining material adverse impact

·         The alignment between tolerance levels and risk appetite

·         Practical steps in setting tolerance levels

·         Documenting tolerance levels

8.      Mapping Your Critical Operations

·         The importance of understanding and mapping your critical operations

·         Identifying resources and processes that support your critical operations

·         Types of resources

·         The level of granularity needed

9.      Assessing Health of Resources

·         The definition of health and vulnerability

·         Using existing risk processes to manage and monitor health

10. Scenario Scoping and Testing

·         The purpose of exercising scenarios

·         Types of scenarios and exercises

·         Linking scenarios to resources

·         Developing your scenarios

·         The relationship between operational resilience and business continuity

·         Exercising scenarios

11. Issues and Actions Management

·         Identifying learning opportunities through operational resilience processes

·         Types of treatments that apply to operational resilience

·         Determining, recording and actioning issues and actions

12. Reporting on Operational Resilience

·         The purpose of reporting

·         The types of reporting to consider and what to report on

·         Audiences for operational resilience reporting

13. Integrating Operational Resilience and Enterprise Risk Management

·         How operational resilience processes align with the ISO 31000 standard on risk management

·         How operational resilience integrates into an Enterprise Risk Management Framework

·         How operational resilience integrates with common risk processes

14. Roles and Responsibilities

·         Governance of operational resilience and the 3 Lines Model

·         Roles and responsibilities to consider in operational resilience

15. When is Operational Resilience Performed?

·         A roadmap to develop operational resilience capability

·         The cadence of ongoing operational resilience activities

·         Integration into risk in change activities

·         Operational resilience by design

Course Expectations

·         Watch 16 videos

·         Answer 10 quiz questions

·         Access 11 downloadable materials

Timings

·         Time: 3 hours of video content

·         Approximately 4 hours for the whole course

 





About Our Experts

 

Our trainers David Tattam – Chief Research & Content Officer, Michael Howell – Research & Content Lead, and Hela Ebrahimi – Senior Risk Consultant focus on developing a methodology you can use to achieve operational resilience while aligning with existing risk management processes in your organization.




Continued Risk Learning Credits: 4

PRMIA Continued Risk Learning (CRL) programs provide you with the opportunity to formally recognize your professional development, documenting your evolution as a risk professional. Employers can see that you are not static, making you a highly valued, dynamic, and desirable employee. The CRL program is open to all Contributing, Sustaining, and Risk Leader members, providing a convenient and easily accessible way to submit, manage, track and document your activities online through the PRMIA CRL Center. To request CRL credits, please email [email protected].

Registration
 Membership Type Price
   
 Members $479
 Non-members $599

If this is your first time accessing the PRMIA website you will need to create a short user profile to register. Save on registration by becoming a member.

 

Register Now

 
When
8/28/2024
Where
Virtual

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