Foundation Award

The Foundation Award course is an ideal first step for people new to Asset Management or for teams involved with Asset Management who need to understand the basic concepts

Course features

  • Full digital PDF notes or hardcopy materials
  • End of module assessments
  • IAM Award test preparation
  • CPD Certified

Who is the Foundation Award for?

The Asset Management Certificate program is for people new to Asset Management or with some experience. The course will take you through all the key principles from the beginning. So, you do not need to have taken the Foundation course first.

This is an ideal first step for anyone wishing to begin a career in Asset Management, or progress their existing career. We highly recommend sitting this course before going on to a Diploma.

Our Certificate courses give a thorough grounding in the principles of asset management, how these apply in practice and the business benefits they deliver. The contents are based on the IAM Qualifications Syllabus and fully aligned with the 2014 IAM Competences Framework, the requirements of ISO 55001 and the GFMAM Asset Management Landscape. The qualification is a Level 3 on the National Qualifications Framework.

Develop your career

Asset Management is a hot topic. Asset dependent businesses everywhere are reaching similar conclusions about the need to be more strategic in the way they invest, operate, maintain and dispose of the physical assets their success depends on. The publication of the ISO 55000 series standards in 2014 confirmed Asset Management as part of mainstream business thinking and practice. Global demand is surging for competent, qualified asset management professionals who can deliver the benefits of good practice.

Effective asset management requires a cross-functional, multidisciplinary approach. It follows that careers in asset management are broad ranging and attract people from diverse backgrounds including finance, engineering, risk management, operations and organisational change.

Further Information

Introduce Asset Management and develop a common understanding

Organisational culture and staff engagement are critical to the success of Asset Management.

Our Foundation Award course has been developed from our extensive and highly successful IAM Certificate courses to bring critical Asset Management principles and terminology to delegates who need an appreciation of Asset Management. Attendance at one of our Foundation Award training courses assists in breaking down organisational silos and developing alignment through the organisation.

Our Foundation course is now available in an online eLearning course! Ideal for individuals or businesses looking to roll out Asset Management awareness within the organisation.

This is a 2-3 hour CPD Certified course consisting of 3 modules and includes the IAM Foundation Award test. Successful delegates will receive the IAM Foundation Award.

Promotional offer: if you buy an individual place on this course and then decide to continue your studies with our eCert, we will discount the price of the eCert by the cost of this course!

To purchase individual places please click for our Foundation eLearning. For larger groups please contact us.

We offer three options for corporate clients:

  1. Face to face one day course – delivered live to audiences of up to 25 delegates
  2. Remote delivery one day course – delivered via live webinar using the same course materials as the face to face course
  3. eLearning packages – eLearning for any number of delegates which can be taken at the learners own pace.

Foundation Award Benefits to Employers

  • Initiate and build alignment within the organisation
  • Embed the Asset Management culture and put everyone on the same page
  • Develop a common understanding and awareness of Asset Management within the organisation

To request a quote please register your interest on this page.

  • New entrants to organisations (including trainees), who may go on to work in Asset Management roles.
  • People moving within organisations to start their first Asset Management role.
  • People who do not work in Asset Management roles, but support or interact with their organisation’s Asset Management activities and need an awareness of Asset Management.
  • People working in an organisation’s supply chain, who provide the client organisation with Asset Management services. Asset Management Awareness in the supply chain can help drive real value.

Our Foundation Course consists of the following core modules:

F1 – Asset Management Principles

  1. What is Asset Management and why is it important?
  2. Scope of Good Practice Asset Management

F2 – Good Practice Asset Management

  1. Stakeholders
  2. Alignment
  3. Risk
  4. Life Cycle
  5. Monitoring and Assurance
  6. Team Working and Collaboration

F3 – The Asset Management Journey

  1. The Organisational Asset Management Journey
  2. The Individual Asset Management Journey
  3. IAM Resources