Prepare for the IAM Certificate exam. Learn the principles and practice of asset management in alignment with PAS 55, ISO 55000 and the IAM competency framework.

1. 1© Life Cycle Institute
IAM Certificate Workshop
Institute of Asset Management Exam Preparation

2. 2© Life Cycle Institute
Institute of Asset Management (IAM)
Certificate Workshop will provide…
Grounding
principles and
practice of asset
management
Integration of
asset care into
broader business
strategy of the
organization
Preparation to
pass IAM
Certificate exam

3. 3© Life Cycle Institute
The course will cover learning objectives from
the IAM Competency Framework
C1 Introduction
C2 Asset-Related Risk
C3 Asset Lifecycle Management
C4 Asset Information
C5 Financial and Business Impact

4. 4© Life Cycle Institute
IAM Certificate Exam
• Online exam
• 60 multiple-choice questions
The Principles of Asset Management examination
consists of five compulsory modules
Module # of Questions
The Principles of Asset Management 20
Asset Management Policy, Strategy and Planning 10
Managing Asset Life Cycle Decisions and Activities 10
Assessing and Managing Asset Management Risks 10
The Financial and Business Impact of Asset
Management
10

5. 5© Life Cycle Institute
IAM Certificate Workshop
2-day workshop,
Exam on Day 3
1.4 Continuing education units (CEUs)
Who Should Attend
Experienced engineers and asset
management professionals.
Private
Workshops may be tailored to your
specific needs and delivered at your site.

6. 6© Life Cycle Institute
From the IAM Certificate Workshop
What is an asset?

7. 7© Life Cycle Institute
From the IAM Certificate Workshop
Where will you find asset management plans?

8. 8© Life Cycle Institute
From the IAM Certificate Workshop
Levels of Risk Management

9. 9© Life Cycle Institute
From the IAM Certificate Workshop
Leading and Lagging Indicators

10. 10© Life Cycle Institute
Alliance with The Woodhouse Partnership
World leader
in applying
ISO 55000 and
PAS 55
Global leader in
holistic
implementation
of asset
management
systems
The Woodhouse Partnership Life Cycle Engineering
50 years experience in
asset management and
reliability engineering
In-depth knowledge in
energy and utilities, oil
and gas, and health
sciences

11. 11© Life Cycle Institute
3 Reasons to Choose Life Cycle Institute
Asset Management is what we DO!
Our facilitators are experienced reliability professionals who have implemented
all of the elements of the ISO 55000 standard for organizations in many
industries around the globe.
LCI instructors are trained learning facilitators
Rigorous facilitator qualification and certification process
Focus on the learning process and transfer to the job
Engage learners, reinforce relevancy and integrate prior experience
LCI training is an active experience
Learning by doing vs. lecture
Group activities, assessments, case studies
Network with peers
Develop action plans to drive results post-training
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12. 12© Life Cycle Institute
Education@LCE.com
www.LCE.com
800-556-9589
Life Cycle Institute is the learning, leadership and
change management practice at Life Cycle Engineering.