The British Academy for Training and Development offers this training program in "Preparation for the IAM Certification in Asset Management", which aims to build a strong knowledge base for participants on advanced concepts of enterprise asset management, as accredited by the Institute of Asset Management (IAM).

This program is a key step for professionals seeking excellence in asset management through obtaining the prestigious IAM certification, recognized as an international benchmark of quality in the field. The program covers both theoretical and practical aspects of applying asset management principles, focusing on developing a comprehensive understanding of the asset lifecycle and how to manage it effectively within an institutional and strategic context. It also covers the intellectual framework of the IAM methodology, the main components of an asset management system, and explains how organizations can balance cost, risk, and performance in a dynamic regulatory environment. Participants are prepared to confidently pass the accredited IAM exam, going beyond superficial knowledge or general concepts.

Who Should Attend?

• Asset managers and supervisors of maintenance, operations, and technical project teams.

• Quality, risk, and compliance specialists in infrastructure, energy, and transport organizations.

• Professionals involved in strategic planning and capital investment management in public and private sectors.

• Individuals seeking IAM certification to enhance their professional opportunities.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

• Enable participants to understand the fundamental principles of enterprise asset management according to IAM standards.

• Prepare participants to pass the IAM certification exam through structured and focused content.

• Explain the relationship between business strategy and asset management to maximize asset value.

• Highlight the importance of risk management and performance improvement at every stage of the asset lifecycle.

• Support organizations in adopting a comprehensive asset management framework that enhances efficiency and reduces long-term costs.

• Introduction to Asset Management and Core Concepts

  • Definition of asset management, its objectives, and its role in achieving organizational value.

  • Asset management principles within international standards (ISO 55000).

  • Difference between asset management, maintenance management, and property management.

• IAM Framework and Organizational Maturity Model

  • Components of the IAM framework in asset management.

  • Concept of organizational maturity and stages of asset management development.

  • Assessing an organization’s readiness for a fully integrated asset management approach.

• Planning and Implementing Asset Management Strategies

  • Relationship between organizational strategy and asset management plan.

  • Setting long-term goals and linking them with operations and maintenance plans.

  • Methods for preparing effective and sustainable asset management plans.

• Asset Management Governance and Organizational Responsibilities

  • Defining roles and responsibilities in asset management.

  • Importance of leadership and effective communication in asset management.

  • Ethical principles and governance in asset-related decision-making.

• Asset Lifecycle Management

  • Stages of the asset lifecycle: planning, design, operation, maintenance, and replacement.

  • Risk and opportunity assessment at each lifecycle stage.

  • Applying the lifecycle approach in investment and maintenance decisions.

• Data Analysis and Decision-Making in Asset Management

  • Role of data and information in improving asset performance.

  • Analytical tools and the use of key performance indicators (KPIs).

  • Building asset management information systems (EAM Systems).

• Risk and Performance Management in Asset Management

  • Identifying and analyzing asset-related risks.

  • Risk assessment tools and their impact on organizational objectives.

  • Performance improvement methods and ensuring service continuity.

• Continuous Improvement in Asset Management

  • Applying the concept of continuous improvement.

  • Measuring success indicators in asset management programs.

  • Assessing gaps and identifying opportunities for future improvement.

• Preparation for the IAM Certification Exam

  • Components of the IAM exam and expected question types.

  • Time management strategies during the exam.

  • Review of key concepts and essential terminology.

• Practical Application of Concepts in the Workplace

  • Linking asset management principles to realistic organizational goals.

  • How to implement the IAM framework within organizations.

  • Developing a personal plan for progressing toward professional IAM certification.