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Asset Management Certificate Training (3 days)

  • Date(s)
    Tuesday 27th, Wednesday 28th, and Thursday 29th March 2018.
  • Time(s)
    9:00 AM - 5:00 PM
  • Venue
    Louis Fitzgerald Hotel, Newlands Cross, Dublin 22, Ireland
  • Fee

    Members: €1520
    Non-Members: €1600

    (This does not include the cost of the optional Asset Management Certificate Exam - please see the course outline below for more details.)

    NOTE: You can only book online using credit or debit card details.  If your preferred method of payment is by invoice / purchase order / bank transfer / other, please contact the CPD Training Team on 01-6651305, or email to secure a place.

  • CPD Credit
    21 hours   C2

Course Overview

The 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 the 5-day version of this course.

Course Content

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.

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

Course outcomes

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

  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

Who should attend?

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 & quailty managers and staff
  • Procurement and supply chain
  • IT & HR

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.

Pre-requisites and Possible Further Training

This 3-day course is suitable for those with 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

For those without such experience, we recommend the 5-day version of the IAM Certificate training.

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

Asset Management Certificate Exam

Candidates may choose to sit the Asset Management Certificate exam, this is optional. ESS offer approved training centres in Limerick and Dublin. The fee to sit the exam is €250 per person. Each candidate must bring a laptop to the exam, which is two hours in duration. Please email if you require further details.


Make a Booking

27 March 2018



Confirmation is subject to event fee being finalised. Cancellation fees calculated at 50% of the estimated total bill will be charge for confirmed bookings cancelled less than 5 working days prior to the date of the planned event. A replacement person can attend instead. Cancellations made the day prior to an event will be charged 75% of the total estimated bill. No-shows will be charged the full fee. All cancellations must be confirmed in writing by email. Engineers Ireland will not be liable for any costs in the event of a course being re-scheduled.  This applies, but is not limited, to any travelling, subsistence or consequential expenses incurred by delegates.