Become A Certified Asset Management Assessor

Are you planning to become a certified asset management assessor? To become a certified ISO 55001 auditor, it is important to meet the competencies outlined in ISA 17021-5:2013 – Part 5: Competence requirements for auditing and certification of asset management systems.

The “Certified Asset Management Assessor” (CAMA) global certification establishes an individual’s credentials in asset management knowledge and comprehension, globally. This multiple choice exam is based on ISBN978 0 9871799 3 7 GFMAM_ISO55001 Auditor_Assessor Specification. The WPiAM develops, maintains, and administers the exam.

The certification is conducted in accordance with 17024, and complies with -

·         GFMAM Specification, GFMAM Competency Specification for an ISO 55001 Asset Management System Auditor/Assessor, First Edition, version 2  English

·         17021 Part 5, section 5Conformity assessment — Requirements for bodies providing audit and certification of management systems — Part 5: Competence requirements for the certification of asset management systems

How to Obtain CAMA Certification?

The Certified Asset Management Assessor Certificate is obtained by successfully completing an online exam and professional profile.

From Wednesday 17 June 2020, greater freedom has been granted to potential CAMA Exam participants with the announcement of the Remote Proctoring Solution. This will allow participants to undertake the CAMA Exam anywhere around the globe, with no face to face element required.

The exam is a two hour closed book exam, with around 110 multiple-choice questions. The exam is currently available in English, Japanese and Portuguese with additional language versions currently in preparation. ISO spelling conventions are used.

What is the professional profile for?

The professional profile is used to demonstrate compliance with ISO 17021-5 Competence requirements for auditing and certification of asset management systems. This requires auditors to have experience in certain industry types and asset classes, which is why this certification requires a professional profile.

Are There Any Prerequisites for the Certification?

Yes, an applicant must meet the following prerequisites in order to become a certified asset management assessor.

Applicant should –

·         Have working knowledge of ISO 5500X Standards

·         Understand the GFMAM Competency Specification for an ISO 55001 Asset Management System Auditor/Assessor.

Applicant must also –

·         Have a minimum 5 years of working experience in asset management

·         Complete a professional profile.

This professional profile is used to demonstrate compliance with ISO 17021-5 “Competence requirements for auditing and certification of asset management systems” that requires auditors to have experience in certain industry types and asset classes

What are the Benefits of Certification?

For individuals, obtaining the Certified Asset Management Assessor (CAMA) global certification establishes their credentials in asset management knowledge and comprehension, globally.

Organisations are able to determine the competence and experience of personnel, whether they are part of an audit team, or helping to implement and assess asset management systems.

Certification also meets the requirements for the Joint Australian and New Zealand Asset Management Systems Scheme (AMS Scheme): “Requirements for bodies providing audit and certification of Asset Management Systems”, April 2015.

Get in Touch Today!

WPiAM is a worldwide partnership, working to enable individuals and organizations to develop, assess and recognize competence in Asset Management. With the introduction of the Global Certification Scheme, WPiAM aligns worldwide efforts to develop, assess and recognise competence in Asset Management and to establish a system of assurance of quality.

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