Asset Management Introduction Course

This course provides a great foundation in understanding the basic concepts, language and significant benefits organisations gain from an Asset Management (AM) approach. It also introduces the content and role of the International Standards for AM (ISO 55000).

The course enables learners to see how AM involves everyone in the organisation and how their role may be directly or indirectly impacted.

At the end of the course, you will understand:

• What Asset Management is, and the basic concepts, principles and terminology
• The scope of asset management, key benefits and value to different stakeholders
• The emergence of AM as a global standard, the context and background of the ISO 55000 series
• Characteristics of good AM, commonly used techniques and benefits of an AM approach
• Common misunderstandings, how to address them and how to aid implementation

Equivalent to 3 CPD credits.

GBP 118.80 / subscription

IAM Foundation Award Course

Asset Management

This course provides a great foundation in understanding the basic concepts, language and significant benefits organisations gain from an Asset Management (AM) approach. It also introduces the content and role of the International Standards for AM (ISO 55000).

The Course sets out the basis for adopting an AM approach, what it entails and the key determinants for success.

The Course also enables learners to see how AM involves everyone in the organisation and how their role may be directly or indirectly impacted.

On successful completion of the Course's three modules and recommended reading, the learner will be fully prepared to take the Institute of Asset Management's (IAM) Knowledge Test. This is incorporated as the final step and, on achieving a pass marked of 66% or higher, the learner will be issued with the IAM's Foundation Award certificate.

Equivalent to 5 CPD credits.

There is a 3 month access period for this course

GBP 210.00 / subscription

IAM Certificate Conversion Course

Asset Management

This course is for learners who have already completed the IAM Foundation Award Course or the Asset Management Introduction Course.

The Course provides the additional 11 modules required for full coverage of the IAM's Competencies Framework and the 39 subjects of the Asset Management Landscape published by the Global Forum for Maintenance and Asset Management (GFMAM).

It is therefore a perfect way to build on the learning from the AM Foundation Award Course in preparation for the IAM's exam and gaining their highly respected qualification.

Equivalent to 20 CPD credits.

There is a 6 month access period for this course

GBP 310.00 / subscription

IAM Certificate Course

IAM Certificate Course

This 14 module Course provides insight into the fast developing discipline of Asset Management.

Designed by world-leading experts, it provides coverage of the IAM's Certificate in Asset Management qualification and the 39 subjects of the Asset Management Landscape published by the Global Forum for Maintenance and Asset Management (GFMAM).

It is therefore a fast and flexible way of preparing for the IAM's Certificate exam. NOTE: supplementary reading is recommended, along with participation in associated Webinars or other support options to ensure your readiness for this exam..

The interactive e-learning modules can be accessed on any Smart device (phone, tablet, laptop or desktop).

TWPL also offers additional standard and bespoke classroom and recorded support with options available for groups and individuals. For further detail on this please go to the TWPL Academy website.

Equivalent to 25 CPD credits.

There is a 9 month access period for this course

GBP 420.00 / subscription

IAM Certificate Course & Expert-led Webinar coaching

IAM Certificate Course

14 e-learning modules provide insight into the fast developing discipline of Asset Management. These are supplemented by a series of live Webinars with an international subject matter expert, to extend the learning with detailed case studies, facilitate discussion and debate, handle questions and ensure that learners are ready for the IAM exam.

Designed by world-leading experts, this Blended Learning course provides full coverage of the IAM's Competencies Framework and the 39 subjects of the Asset Management Landscape published by the Global Forum for Maintenance and Asset Management (GFMAM).

It is therefore a fast and flexible way of preparing for the IAM's exam and gaining their highly respected qualification.

The interactive e-learning modules and Webinars can be accessed on any Smart device (phone, tablet, laptop or desktop).

The IAM Certificate course includes live webinar coaching support.

TWPL also offers additional standard and bespoke classroom and recorded support with options available for groups and individuals. For further detail on this please go to the TWPL Academy website.

There is a 9 month access period for this course

Find out more

GBP 570.00 / subscription

IAM Certificate Exam

Asset Management

Those who have completed the IAM Certificate Course and wish to take the Institute of Asset Management's AM Certificate Exam can purchase the exam voucher here. We will issue your exam voucher code once payment has been made.

Find out more

GBP 250.00 / subscription

W001 Introduction to Asset Management

This module provides an introduction to asset management.

It highlights the principles, processes and benefits of good asset management, including the need for an asset management system, its main components and how they are applied.

The module emphasizes the importance of informed decision-making throughout the life cycle of assets so that they deliver value in a safe, reliable and sustainable way.

The value of the international asset management standard - ISO55000 - is highlighted.

Equivalent to 1 CPD credit.

There is a 1 month access period for this course

GBP 54.00 / subscription

W002 Introduction to ISO 55000

This module informs learners from a wide range of business sectors about ISO55000, its history, purpose, scope and the benefits available from its application.

Equivalent to 1 CPD credit.

There is a 1 month access period for this course

GBP 54.00 / subscription

W003 Benefits of Asset Management

This module enables the learner to understand the benefits of a consistent, integrated and whole life cycle approach to asset management. It also covers the importance of good communication and how to recognize and handle some of the misunderstandings that are likely during the planning and implementation phases.

Equivalent to 1 CPD credit.

There is a 1 month access period for this course

GBP 54.00 / subscription

W004 Risk and Risk Management

This module demonstrates how an understanding of risk and risk management are essential in asset management. It also gives an introduction to the closely related topics of resilience analysis, contingency planning and the management of change.

Equivalent to 1 CPD credit.

There is a 1 month access period for this course

GBP 54.00 / subscription

W005 Organisational Context and Stakeholder Expectations

This module explains how asset management needs to be aligned to 'the big picture', the organizational context, including the importance of understanding stakeholder needs and how they can be met.

Equivalent to 1 CPD credit.

There is a 1 month access period for this course

GBP 54.00 / subscription

W006 Scope of the Asset Management System

This module explains what an asset management system is and how it impacts the whole organization.

It shows the scope, structure and main elements of a system and how this provides for the coordination, control and continual improvement of assets in line with the organizational plan. This includes highlighting the key factors and people needed for effective implementation across different environments.

Equivalent to 1 CPD credit.

There is a 1 month access period for this course

GBP 54.00 / subscription

W007 Asset Management Policy, Strategy, Demand Analysis and Objectives

This module explains the role of asset management policy, strategy, demand analysis & objective setting and how they provide the cornerstone of an effective asset management system.

It covers the scope, structure and elements of each activity, explaining how they are informed by, and aligned to, the organization's objectives and how they serve as the foundation for its asset management planning activities.

Equivalent to 1 CPD credit.

There is a 1 month access period for this course

GBP 54.00 / subscription

W008 Asset Management Planning

This module explains the role of asset management planning in determining the organizations asset management activities and budgetary considerations.

It describes how the organization's strategic planning framework and the role of sustainable development are used to develop an asset management plan that can be delivered within a changing economic, environmental and social context. This includes setting out the purpose and content of such plans.

Equivalent to 1 CPD credit.

There is a 1 month access period for this course

GBP 54.00 / subscription

W009 Asset Information

This module focusses on the role of information within an organization's asset management system.

It identifies the core components of an effective asset information environment, including the information needs of internal and external stakeholders, and the 'asset information systems' needed to manage this information.

Equivalent to 1 CPD credit.

There is a 1 month access period for this course

GBP 54.00 / subscription

W010 Asset Management Decision Making

This module demonstrates how asset management decision making is crucial to the development of robust asset management plans.

It explains how all stages of the asset life cycle need to be modelled within a framework. The framework ensures a consistent approach to capital, operations and maintenance investment decision making. The module also demonstrates the importance of a resourcing strategy to ensure the delivery of the asset management plan.

Equivalent to 1 CPD credit.

There is a 1 month access period for this course

GBP 54.00 / subscription

W011 Leadership, Organisation and People

This module focuses on the importance of people for the delivery of effective asset management. It explains how good leadership and the building of an appropriate culture and supporting structures are central to asset managers delivering organizational objectives. It also illustrates the importance of ensuring that the organization has the right competences for fulfilling its objectives.

Equivalent to 1 CPD credit.

There is a 1 month access period for this course

GBP 54.00 / subscription

W012 Asset & Asset Management System Performance

This module explains the role of 'asset health' and 'asset management system performance monitoring' in supporting the delivery of an organisation's asset management objectives.

It covers the importance of setting clear performance indicators and effective measurement processes, and of identifying non-conformance criteria and appropriate responses. It also emphasizes the importance of continual improvement in asset management.

Equivalent to 1 CPD credit.

There is a 1 month access period for this course

GBP 54.00 / subscription

W013 Life cycle activities Part 1

This module explains the key phases in an asset's life cycle. This includes identification of need, creation or acquisition, utilization and maintenance and decommissioning and disposal. It looks at the integration of these activities to maximize value and at the role of planned interventions and actions to take in the event of failure and incidents. This module should be considered in conjunction with "Life Cycle Activities Part 2", which covers enablers and disciplines used to support these topics.

Equivalent to 1 CPD credit.

There is a 1 month access period for this course

GBP 54.00 / subscription

W014 Life cycle activities Part 2

This module describes the key enabling actions that are required to support the effective management of an asset over its life. It covers considerations associated with design, legislation, configuration and resource management.

This module should be considered in conjunction with "Life Cycle Activities Part 1", which provides an overview of the key phases of an asset's life, from creation and acquisition through to decommissioning and disposal.

Equivalent to 1 CPD credit.

There is a 1 month access period for this course

GBP 54.00 / subscription