IAM Certificate Course (3 days): 11 - 13 October 2016
£872.94 – £1,026.70
IAM Certificate Course (3 days): 11 - 13 October 2016

IAM Certificate Course (3 days): 11 - 13 October 2016

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IAM Certificate Course (3 days): 11 - 13 October 2016, London

Course Summary

This 3-day course provides an intensive coverage of the principles and practice of Asset Management. The content is aligned to PAS 55, ISO 55000 and to the Institute of Asset Management (IAM) competency framework, with a view to preparing students to pass the IAM Certificate in Asset Management examination. It is suited to experienced practitioners with industrial or infrastructure asset management responsibilities, who can relate concepts to their work environment.   For those without such experience, we recommend either the 5-day versions of this course. or completion of the relevant TWPL e-learning programme prior to this course.

The course covers the 5 modules of the IAM Certificate in Asset Management qualification:

Module 1 - The Principles of Asset Management

Module 2 - Asset Management Policy, Strategy and Planning

Module 3 - Managing Asset Life Cycle Decisions and Activities

Module 4 - Assessing and Managing Asset Management Risks

Module 5 - The Financial and Business Impact of Asset Management

The integration of asset whole life cycle management, linked to the broader business vision and strategy of the organisation is stressed throughout.

The course is delivered through 3 days of intensive and interactive classroom teaching, including reinforcing exercises and tests, supported by workplace assignments and directed reading.

Course Contents

The course is aligned to PAS 55 and ISO 55000 to the IAM’s competency framework, with a view to preparing students to pass the IAM Certificate in Asset Management examination. The course provides a well-rounded competency development and assurance stage for those who already have practical experience, or specialist knowledge, and now seeking a more comprehensive understanding.

Day 1

  •  What is asset management?

  •  Organizational context & stakeholder needs

  •  Planning and alignment

  •  Managing over the asset life cycle

Day 2

  •  Managing over the asset life cycle continued

  •  Implementing AM Plans

  •  Risk management

  •  Value and risk-informed decision making

Day 3

  •  Asset information

  •  Leadership, structure and change management

  •  Performance management and continual improvement

  •  Providing assurance of good asset management


3 days classroom teaching

56 hours of workplace-based assignments.

Final on-line IAM examination test must be registered and booked direct with IAM. For more information go to https://theiam.org/products-and-services/iam-qualifications.

At the end of this course the participant will be able to:

Learning outcomes 

1. Contribute to generation and implementation of AM policy, strategy, objectives and plans.

2. Participate in asset-related risk identification, analysis and management processes and     contingency planning.

3. Understand the asset lifecycle and the role of appropriate tools to optimise the performance, risk and cost of assets.

4. Identify the information and performance measures needed for effective asset management, and evaluate the effectiveness of asset information systems.

5. Understand the financial implications of asset and asset management decisions for the   organisation, and translate technical issues into business implications.

Benefits to participants

The participant will develop a business-centred appreciation of Asset Management, and will be better able to influence decisions which have AM implications.

The course is deliberately cross-disciplinary, and should help to foster effective team-working and break down disciplinary silos.

The participant will be equipped to pass the IAM Certificate Examination.

Target participants

Participants from organisations where the reliability, performance and attendant risks of fixed assets have a significant impact on business performance will benefit most from this course.

Typical job roles include:

  •  Engineering and technical managers

  •  Project managers and engineers

  •  Operations managers and staff

  •  Maintenance managers and staff

  •  Facilities Managers

  •  EHS & quality managers and staff

  •  Procurement and supply chain

  •  IT & HR


This 3-day course is suitable for those who have successfully completed the relevant TWPL e-learning programme or have 2+ years of industrial or asset-intensive work experience, and prior reading of IAM’s “Asset Management; an Anatomy” (free publication on registering with IAM www.theIAM.org).

For those without such prior experience, we recommend the 5-day versions of the IAM Certificate training (see www.assetmanagementacademy.com)

Successful participants may choose to go on to the IAM Diploma in Asset Management. 


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