The IAM is pursuing a number of related initiatives to encourage people to acquire, assess and recognise relevant knowledge and competence regarding Asset Management.
The Competences Framework is the backbone of this approach and we are facilitating the development and recognition of formal qualifications at a number of levels, sometimes in collaboration with other bodies worldwide. Our vision is that appropriate learning and experience should be recognised and transferable across the world.
We have become aware that an increasing number of organisations and individuals are delivering training in various countries. However, it is clear that there is a big difference in quality both of the trainers and the training.
The IAM Endorsed Training Scheme is designed to assist potential clients to find suitable and reputable training providers that deliver relevant training using knowledgeable instructors. Our Scheme is designed to be transparent and open to all and requirements for entry are intended to be reasonable and appropriate. The full details are set out in relevant documents (see right hand column).
The IAM is now 'Endorsing' suitable training providers. On appointment they are known as Endorsed Trainers or ETP (Endorsed Training Providers). There is no limit on the number of ETP either in a given territory or overall: any applicant that can meet our requirements will be entitled to endorsement.
ETPs may be endorsed for one or more of the courses covered by this Scheme, including the IAM Diploma, Certificate or the Endorsed courses. Please make sure that any ETP you select has the correct scope of Endorsement to cover your requirements. The scope is clearly listed in our Directory and every Endorsed Trainer should make it clear also. (Please let us know if you have any concerns.)
Endorsed Trainers are granted the right to issue training certificates endorsed by the IAM to individuals who successfully complete the short courses. The IAM issues certificates to candidates who successful in the examinations for the IAM Certificate or Diploma. It is intended that these certificates may be presented to support applications for individual membership of the IAM (or for similar purposes elsewhere).
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Initially, the IAM has defined training requirements for an initial programme of 8 short courses which comprises two sets of courses, as follows:
Asset Management Principles and Policy
Two introductory courses for Directors, Senior Managers and new entrants to Asset Management Teams respectively.
Implementing Asset Management Systems
Six courses which follow the structure of BSI PAS 55:2008 and are designed to develop specific knowledge and understanding relating to the requirements of the IAM Competences Framework.
There is a Schedule showing the training requirements for each course and this initial programme may be added to or amended once demand has been established.
Each ETP is free to choose how many of these courses they deliver and in what form. Some have chosen to deliver composite courses covering all or combinations of the list above.
IAM Diploma and Certificate
Please read more about the IAM Qualifications (Certificate & Diploma) which are publicly specified IAM examinations and not courses with a specified syllabus such as the ones above.
Quality & Code of Practice
Endorsed Trainers are ‘Endorsed’ ONLY for the specific courses listed by the IAM. It is important that an ETP ensures that claims about their company, staff and services are accurate and measured and that no general endorsement is claimed for unrelated services or products.
ETP are required to become Members of the IAM as appropriate in order to become subject to our Code of Conduct and Code of Practice. These Codes are intended to ensure that all ETPs continue to provide appropriate training at a consistently high quality such that Clients and the IAM can be confident that an ETP is reputable and will deliver minimum standards of service. At this stage the IAM relies primarily on self-certification with the right to visit or otherwise verify all aspects of ETP delivery as seems reasonable.
Contacting an Endorsed Trainer
The IAM will forward enquiries for training to ETP to supplement the results of their own marketing efforts. However, the easiest way to find an Endorsed Trainer is to search our Directory.