The IAM's Competences Framework (‘the Framework’) describes what people working in asset management should be able to do and indicates what they ought to know and understand. See the Brochure for more details (right hand column).
It is a tool that organisations, managers and individuals can use in numerous ways including in Training Needs Analysis, Recruitment and Selection, Career Planning, Continuing Professional Development and Workforce Management. It is the first and only Framework of its kind.
The Framework contains a unified set of generic competence requirements which are applicable to all organisations and sectors where business performance relies on optimising the delivery and performance of physical assets. Its structure is compatible with that of other leading competence frameworks and its contents reflect the principles and support the requirements of BSI PAS 55:2008.
The 2012 Competences Framework is the third version to be published by the IAM since 2006. The previous version, published in 2008, has been enhanced and updated to reflect feedback from users and to align it with the IAM’s latest thinking on the scope and components of asset management. The 2012 Framework is still generic, applicable to people being selected for, working in or aspiring to asset management roles in any sized organisation or sector. Part 1 sets out the competence requirements. Part 2 gives guidance on how to use the Framework. The 2012 Framework has informed, and been informed by, the design of the new IAM Certificate and IAM Diploma.
The Framework will be subject to incremental change using feedback collected from new and existing users of it. If you have any comments on any aspect of the Framework please let us know - Contact Us.