IAM
The professional body for through-life management of physical assets

Overview of the Framework

A brochure is available to download (see column on right)

 
The Competences Framework defines the following key purpose for people working in asset management.

Key Purpose

To Optimise the Delivery and Performance of Physical Assets.
 
 
People achieve this Purpose by performing one or more of 7 key Roles, namely:

Key Roles

  1. Policy Development
  2. Strategy Development
  3. Asset Management Planning
  4. Implement Asset Management Plans
  5. Asset Management Capability Development
  6. Risk Management and Performance Improvement
  7. Asset Knowledge Management

Each Role is broken down into a small number of competence Units, such as “Develop the AM policy”.  There are 27 Units in total.  Each unit is then subdivided into a small set of elements of competence such as “Assess Policy options using appropriate decision criteria” and “Investigate root causes of asset or system failures or incidents”.  This is the level at which assessment takes place.

Underpinning the framework is an indicative list of the knowledge and understanding that might be needed to meet the competence requirements in each Role.