Certified Asset Management Assessor

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Course Overview

This highly interactive course is designed to provide an immersive training environment that maximizes the interaction between attendees and the instructor and the attendees with their peers.

The course uses a combination of individual and group exercises to heighten the learning experience. Attendees will complete and review daily homework exercises designed to enhance and reinforce daily training in order to give them their best chance of successfully completing the exam at the end of the course


Course Outline

Course Overview

  • Interactive Pre-Test
  • Introductions
  • Overview of course content

The ISO 55000 – Overview, principles, and terminology

  • Benefits of Asset Management
  • Definition of Assets
  • Overview of asset management
  • Overview of asset management systems
  • Integrated management systems approach
  • Terms and definitions


ISO 55001: Management systems, Requirements

  • Context of the organization
  • Leadership
  • Planning
  • Support
  • Operation
  • Performance evaluation
  • Improvement

Asset Management Body of Knowledge Overview

  • Asset Management Definition
  • Principles of Asset Management

Asset Management Council Models

  • Asset management concept model
  • Asset management system model
  • Capability delivery model
  • Maturity model
  • Stakeholders
  • Leadership and Culture
  • Key Concepts of Asset Management
  • Key Terms
  • Reserved Terms

Asset Management Concept Model

  • Stakeholder Analysis
  • Basic Principles
  • Output Focus
  • Capabilities
  • Level of Assurance
  • Learning
  • Organization

Asset Management System and Organizational Systems Model

  • Purpose of the Asset Management System Model
  • Purpose of the Organizational System Model
  • Components of the Asset Management System Model
  • Stakeholders
  • Leadership
  • Objectives
  • Performance Monitoring and Improvement
  • Decision Making
  • Risk Management
  • Process Management
  • Organizational Roles

Asset Management System Model Interrelationships Artifacts 

  • Stakeholder Decision Criteria
  • Asset Management Policy
  • Strategic Asset Management Plan (SAMP)

Organizational Systems Model Capability Delivery Model

  • Purpose

Sections of the Model

  • Stakeholders
  • Demand Management
  • Systems Engineering
  • Configuration Management (MOC)
  • Acquisition Competency
  • Operations and Maintenance
  • Continuous Improvement

Artifacts of the Capability Delivery Model Asset Management Maturity Model

  • Organizational Elements
  • Maturity Lenses
  • Maturity Qualities
  • Building Asset
  • Management Maturity

Who Should Attend?


A Certified Asset Management Assessor is an individual who has successfully completed a certification program in asset management assessment. They possess the necessary knowledge, skills, and competencies to assess and evaluate an organization’s asset management practices and provide recommendations for improvement.

Asset management assessment helps organizations understand the current state of their assets, identify areas for improvement, and develop effective strategies for maximizing asset performance, reducing risks, and optimizing lifecycle costs. It allows organizations to align their asset management practices with international standards and best practices.

As a Certified Asset Management Assessor, you gain recognition for your expertise in asset management assessment. This certification enhances your professional credibility and demonstrates your ability to provide valuable insights and recommendations to organizations seeking to improve their asset management practices. It can open up career opportunities and increase your earning potential.

How can organizations implement best practices in maintenance and reliability? A: Organizations can implement best practices in maintenance and reliability by developing a comprehensive strategy that includes setting clear objectives, establishing effective processes, training staff, using data analytics tools, and regularly monitoring and evaluating performance.

To become a Certified Asset Management Assessor, you typically need to complete a certification program offered by a recognized professional association or certification body. These programs often require a combination of training, practical experience, and passing an assessment or examination. The specific requirements may vary depending on the certifying organization.

Several professional associations and certification bodies offer certifications for asset management assessors. Some well-known ones include the Institute of Asset Management (IAM), the Global Forum on Maintenance and Asset Management (GFMAM), and the Society for Maintenance & Reliability Professionals (SMRP). Each organization has its own certification programs and requirements.

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