Bring the value of improved asset management to your organisation.

This comprehensive 5-day course is designed for those who wish to obtain a comprehensive understanding of asset management and ISO 55000 in preparation for a role as an asset management professional. Prepared in alignment with the UK’s Institute of Asset Management (IAM) competence and training framework, this course covers all the key areas involved in asset management, and is designed to provide participants with a comprehensive understanding of:

  • Asset management concepts and principles
  • ISO 55000, ISO 55001 and ISO 55002
  • The GFMAM Asset Management Landscape

It is an information-packed, practical course for people who will be responsible for the development, implementation or maintenance of an organisation’s asset management system.

Key outcomes

Led by one of Assetivity’s CAMA Certified Asset Management Assessors, you will gain a detailed insight into:

  • Key asset management principles
  • The benefits of asset management
  • Introduction to asset management policy
  • Implementing asset management systems
  • Defining asset management policy & strategy
  • Effective asset management strategies and plans
  • Building an asset management organisation
  • Implementing asset management plans
  • Assessing asset management risk and performance

Participants will be involved in class and group discussions facilitated by our course trainer.

Course outline

This course is aligned with the entire suite of IAM Asset Management Courses:

Asset management principles and policy
  • IAM Course – Foundation Award
  • IAM Course – The Executive Briefing
Implementing asset management systems
  • B1 The Asset Management System
  • B2 Defining Asset Management Policy & Strategy
  • B3 Effective Asset Management Strategies and Plans
  • B4 Building an Asset Management Organisation
  • B5 Implementing Asset Management Plans
  • B6 Assessing Asset Management Risk and Performance
  • Asset Management Concept
  • Benefits of Asset Management
  • Asset Management Document Hierarchy
  • Asset Management Decision Making
  • Definitions
  • AM Policy – Requirements & Sources
  • AM Policy Management
  • What is Asset Management System?
  • Context of the Organisation
  • Leadership
  • Support
  • Operation of the AMS
  • Performance Evaluation
  • Improvement
  • AM Policy Development
  • AM Policy Management
  • AM Strategy Development
  • AM Strategy Management
  • Asset Management Planning Cycle
  • Asset Management Strategy
  • Asset Management Plans
  • Integrating and Implementing Plan
  • Asset Management Organisations within a larger body
  • People
  • Processes
  • Data
  • Facilities, Tools and Equipment
  • Quality assurance and improvement
  • Inputs, Outputs and Interfaces
  • What is Implementation?
  • Executing Life Cycle Activities
  • Measuring Asset Management Performance
  • Managing Exceptions
  • Facilities, Tools and Equipment
  • Quality assurance and improvement
  • Risk Management and Performance Improvement
  • Asset Knowledge Management
  • Measuring Asset Management Performance
  • Managing Exceptions
  • Facilities, Tools and Equipment
  • Quality assurance and improvement
29 Jul 2024 - 2 Aug 2024
26 Aug 2024 - 30 Aug 2024
9 Sep 2024 - 13 Sep 2024
25 Nov 2024 - 29 Nov 2024
9 Dec 2024 - 13 Dec 2024

Asset Management Master Class

  • Melbourne, Perth
  • From $3937.50 excl. GST
  • Face to face duration: 40 hours

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Receive up to 20% off.

Group discounts are available for all courses. Receive 10% off when booking at least 2 attendees, or 20% off when booking at least 4 attendees.

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Who should attend?

This course is intended for personnel responsible for the development, implementation and operation of an organisation’s asset management system, or for assessing compliance with that system. Please note that we cannot accept registrations from other consultants for this course.


The course assumes that participants are familiar with the fundamental concepts of asset management, however a brief refresher on those concepts is undertaken in the first module of this course.

Assessment and accreditation

As this course is part of the IAM’s competency framework, each attendee will be formally assessed to measure successful achievement of the competency. This assessment will be based on formal testing as well as practical experience. Participants who successfully demonstrate competence in this course will be issued a certificate of completion.

Customise this course to match your training needs.

We realise that your challenges may be unique, so we welcome enquiries regarding customising or expanding any of our courses to meet your specific training needs. An obligation-free discussion with one of our expert consultants is a great place to start.