The course covers the 12 modules of the IAM Diploma in Asset Management qualiﬁcation and allows for participants to commence from Module 1 or for those that have studied for the Certiﬁcate and feel conﬁdent in their retained knowledge of those modules to start at Module 7 (The IAM Diploma conversion course):
This course provides the educational content and practical application insights that enable students to meet these requirements and add value to their respective workplaces.
The course is aligned to PAS 55 and ISO 55000 to the IAM’s competency framework, with a view to preparing students to pass the IAM Diploma in Asset Management examination. It is suited to experienced practitioners with industrial or infrastructure asset management responsibilities, who can relate concepts to their work environment.
“Just wanted to say a massive thank you (again) for your coaching on this. I have just passed the Diploma exam with a Distinction.” James, UK
Project work hand out, self-study and exercises ser prior to Module 7 the conclusion of which is managed in:
at the end of the course.
The Woodhouse Academy IAM Diploma course is available via:
24 x 2-hour virtual classroom teaching via webinar over a 9 day period (or equivalent hours over diﬀerent period and schedule)
Individuals can enroll for our 9-day public courses where available or organizations can beneﬁt from our extensive service in customizing courses and developing bespoke materials for multiple participants. IAM Examination test can be held at the end of the course.
For those that have recently studied for and completed the IAM Certiﬁcate:
Conversion Diploma 14 x 2-hour virtual classroom teaching via webinar over a 5 day period (or equivalent hours over diﬀerent period and schedule).
A combination of learning methods includes classroom or group working, workplace assignments, interactive workshops, online learning, personal mentoring, and self-paced investigation and learning. Further details are available on request.
At the end of this course the participant will be able to:
The participant will develop a business-centered appreciation of Asset Management and will be better able to inﬂuence decisions and the performance of the organization. The course is cross-disciplinary and helps to foster eﬀective team-working and to break down departmental silos.
The participant will be equipped to pass the IAM Diploma Examination
The following reading list is the minimum expected for self-study in preparati on for the course. It is strongly recommended that Diploma examinati on candidates extend their reading beyond this list and further guidance will be provided.
ISO 55000, 55001, 55002: Overview, Management Systems Requirements and Management Systems Guidance.
IAM Competences Framework Part 1, Version 3.0, Institute of Asset Management, Dec 2015.
IAM Competences Framework Part 2: Guidance on using the 2012 IAM Competences Framework, Version 3.0, Institute of Asset Management, June 2014.
Asset Management – An Anatomy, Version 3, Institute of Asset Management, July 2014.
GFMAM Asset Management Landscape, Version 2, The Global Forum on Maintenance and Asset Management (GFMAM), March 2014.
The Diploma is more advanced than the IAM Certificate, aimed at those with prior knowledge and experience of asset management, typically working in or preparing for specialist or management roles in asset management. There are no entry requirements for the qualification and it is not essential to be an IAM member, however, registration with the IAM is required.
It is a 3-hour invigilated exam delivered online. It comprises 70 multiple-choice questions over the 12 compulsory modules. To be awarded the IAM Diploma, you will need to achieve an overall score of 65%, with a score of not less than 50% in each of the five modules. Candidates achieving an aggregate score of 75%, having passed all modules at 50% or higher, will be awarded a Diploma with Distinction.
The exam is available to purchase separately (IAM 2021 fees: GBP £350, Euro €400, USD $455).
Exam fees provide entry to sit the examination once. If you opt to re-sit the examination, the same fee applies to register and sit the exam again.
26 x 2 hours
Module exercises and
9 Days tailored to Organization
Module exercises and
Our IAM Diploma: Advanced Asset Management, is a qualification that focuses on breadth and depth of knowledge and understanding, along with the application of professional judgment in practice. The Diploma is currently the highest-level qualification awarded by the IAM. We can provide the support, coaching, and practical tools to take you to the pinnacle of your career in becoming a recognized professional Asset Manager.