IAM Qualification Training

In our capacity as an Institute of Asset Management (IAM) Endorsed Trainer, OHROS Consulting Group provides tailored on-site training, including IAM qualification training, for project teams aspiring to attain IAM Qualifications. We also extend our expertise to organizations striving for excellence in asset management best practices and seeking ISO 55000 certification. Our customized training programs are designed to meet the specific needs of project teams and organizations aiming to enhance their asset management capabilities and align with globally recognized standards.

Benefits of Our Offering:

LOWER COST THAN OFF-SITE INDIVIDUAL TRAINING SESSIONS



By doing on-site team sessions with an OHROS expert, it can lower costs significantly. 

GREATER VALUE BY FOCUSING CONTENT AND DISCUSSIONS ON YOUR INDUSTRY AND ORGANIZATION

Get more than just a general training or audit. Together, we dive into your specific needs and unique problemset.

CREATING FLEXIBILITY IN SCHEDULING SESSIONS





Our IAM endorsed Trainers and Assessors move with your busy schedule. Our flexibility will allow you to optimally engage with the process. This is our goal as well.

MINIMIZE BUSINESS INTERRUPTION WITH ON-SITE OR VIRTUAL SESSIONS CONDUCTED AT YOUR LOCATION


Assurance of alignment with IAM and ISO standards by having an Endorsed Trainer conduct the sessions.

Strategic Benefits:

  • Aligning the workforce around common Asset Management (AM) terminologies and best practices, particularly as we execute workstreams on the AM Roadmap, including the development of the Strategic Asset Management Plan (SAMP).
  • Ensures that your company is building the essential competencies needed for transforming its culture to adopt a holistic, systematic asset management approach.
  • Starting the IAM training now provides ultimate value at low cost and is a fundamental element of our People Strategy to proactively help develop an effective asset management-focused organizational culture.

IAM Qualification Training

High-level summaries of the key aspects of asset management targeted at the executive management level and focused on the business impacts of asset management.  Executive briefings typically cover the following topics:

  • What is asset management?
  • What are the strategic drivers behind asset management?
  • How do utilities derive value from asset management?
  • What is the scope of the asset management discipline?
  • What does best practice asset management look like?
  • What are commonly used systems and technologies?
  • What are the organizational challenges of the asset management journey?

The Foundation Award training is a one-day introductory awareness course that enables individuals across all sectors and departments to support the organization’s asset management activities. This training provides the level of understanding necessary to enable the asset management activities of the organization and serve as evidence necessary for ISO 55001 certification. The course covers: 

  • Basic asset management concepts, principles, and terminology
  • The breadth of asset management activities
  • Common characteristics of good asset management
  • Some commonly used techniques
  • The types of benefits organizations can realize
  • Potential next steps for organizations who wish to continue with their asset management journey

The IAM Certificate recognizes individual asset management knowledge and understanding of the fundamental principles of asset management.  To be awarded the IAM Certificate, candidates will need to pass an online exam administered at an independent testing facility.

The training modules that form the basis for the exam are as follows:

IAM Qualification
IAM Certificate

Title of Examination
Principles of Asset Management

Examination Modules
M1 – Principles of Asset Management
M2 – Asset Management Policy, Strategy, and Planning
M3 – Managing Asset Life Cycle Decisions and Activities
M4 – Assessing and Managing Asset Management Risks
M5 – Finance and Business Impacts

Industries

Electricity

– Distribution
– Transmission
– Generation

Oil and Gas

– Distribution
– Transmission
– Generation
– Refineries

Water

– Steam/Chilled
– Wastewater
– Production and/or Distribution

Transport

– Airports
– Rail/Metro

Mining

Other Industries: Mining

Frequently Asked Questions

In response to current social distancing measures, an increasing number of individuals find themselves engaged in remote work. An advantage of this situation is the potential reduction in distractions. Seize this opportunity to enhance your Asset Management capabilities.

Utilize your time to familiarize yourself with strategic Asset Management (AM) best practices through videoconferences facilitated by our expert trainers. An optional next step includes participation in the IAM Certificate Exam. Even if you choose not to take the exam, the training will equip you with a strategic, tactical, and operational understanding of the AM value chain.

The duration of training varies based on the type: Executive Briefing and Foundation Award Training each span one day. IAM Certification Training consists of 3 days of training along with the exam. It is advisable for participants to take the test promptly after the training to ensure the information remains fresh in their minds.

IAM ETS Certificate

IAM EA Certificate

Training Flyer

Talk to Our Experts Today