The British Academy for Training and Development offers the IAM Certificate in Asset Management. It is a complete course to improve your mastery of asset management principles, strategies, and best practices. Brighten your future as a professional by acquiring the requisite knowledge in skills to manage organisational assets effectively. This course provides a well-rounded competency development and assurance stage for those who already have either practical experience or specialist knowledge in AM, and are now seeking a more comprehensive understanding of AM. Attendees will develop a business-centered appreciation of Asset Management, and will be better able to influence decisions which have AM implications.

IAM Certificate in Asset Management highlights the basics of asset management, including key concepts, processes, and techniques for managing physical assets over their lifecycle. The course emphasizes strategic planning, risk management, performance optimisation, and the incorporation of asset management principles into wider organisational structures. When attendees complete this course, they will have a defined understanding of asset management practices, risk-based decision-making, and value creation through asset management in their organisation.

Objectives: 

The objectives of IAM Certificate course are:

Provide a strong foundation of understanding in asset management principles and concepts.Provide skills to manage assets effectively over their life cycle.Teach how to maximise asset performance with minimal risks of asset management.Deliver the practical know-how for integrating asset management strategies with organisational goals and objectives.Prepare attendees for certification in asset management by the Institute of Asset Management (IAM).Understand the asset lifecycle and the role of appropriate tools to optimise the performance, risk and cost of assetsIdentify the information and performance measures needed for effective asset management, and evaluate the impact of asset information systemsUnderstand the financial implications of asset and asset management decisions for their organisation, and translate technical issues into business implicationsWho Should Attend? 

This course is ideal for:

Asset managers, engineers, and professionals involved in the management of physical assets.Facilities managers, maintenance managers, and operations managers seeking to optimise asset performance.Professionals in industries such as energy, utilities, manufacturing, and transportation.Anyone looking to pursue a career in asset management or advance their knowledge of asset management practices.How will attendees benefit?

After completing this programme attendees will gain many benefits:

Obtain an asset management credential to develop more career opportunities across the globe.Understanding asset management fundamentals will provide insight for bettering a company's decision-making and strategic planning.Learn how to manage risk and optimise asset performance through applying good practice.Equip yourself with aligning asset management initiatives to fulfill an organisation's sustainable value objectives.Equip yourself to influence informed decision-making on assets across all organisation levels.Shows professional credibility and confidence in managing various industries' asset portfolios.Provides many tools and techniques to properly manage asset life-cycle and financial performance.Network with like-minded professionals and experts, expanding professional connections within the asset management community.

Module 1: Introduction to Asset Management

• Overview of Asset Management (AM)

• Importance of AM in modern organisations\

• Key terminology and concepts

• Role of asset management in value creation

Module 2: Asset Lifecycle Management

• Understanding the asset lifecycle stages

• Lifecycle planning and optimisation

• Tools and techniques for lifecycle management

• Case studies: Lifecycle costing and decision-making

Module 3: Asset Management Principles & Strategies

• Developing asset management strategies

• Policy development and framework alignment

• Integrating AM with organisational objectives

• The role of leadership in AM culture

Module 4: Risk Management in Asset Management

• Identifying and assessing risks in asset management

• Risk-based decision-making frameworks

• Mitigating asset-related risks

• Aligning risk management with organisational risk appetite

Module 5: Performance & Decision-Making

• Setting performance measures and KPIs

• Evaluating asset performance data

• Decision-making tools and methodologies

• Continuous improvement in asset management

Module 6: Asset Information & Systems

• Importance of asset information management

• Asset information systems and data integrity

• Role of technology and digital tools in AM

• Evaluating information systems for effective asset management

Module 7: Financial & Business Implications

• Financial impact of asset decisions

• Cost, risk, and performance balance

• Communicating technical decisions to business stakeholders

• Business case development for AM investments

Module 8: Preparation for IAM Certification

• Overview of IAM certification process

• Study tips and resources

• Practice questions and scenarios

• Final Q&A and wrap-up