#ISO 55001:2014 Certified Auditor

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WPiAM's Certified Asset Management Goals and Mission

WPiAM is a worldwide partnership of national non-profit professional associations that came together at the end of 2014 to help people and organizations develop, test, and get recognized for their skills in Certified Asset Management. This is beneficial for both their members and the world as a whole. WPiAM is a worldwide partnership of national non-profit professional associations.

The WPiAM is focused on achieving the following three primary objectives:

Maintain a list of questions and answers that can be used to certify ISO 55001 auditors and assessors as having the required level of knowledge and understanding of asset management;

Be a global certification body for employees in the market; and Integrity, working together, and

Obligation to the public should be shown to be demonstrated.

The WPiAM has issued a statement in which the similarities and differences between themselves and the GFMAM are discussed in detail.

World Partners in Asset Management (WPiAM)

In 2014, WPiAM was established in order to organize the CAMA Exam. It is now a non-profit organization that has been registered in Australia. The GFMAM is responsible for providing the organization's present members, but in the not-too-distant future, the WPiAM will be open to membership applications from other organizations as well. The WPiAM is managed by a Board of five Directors and a Management Company. The Board of five Directors are elected by the members, and the Management Company is responsible for managing the CAMA exam, the Global Certification Scheme, and other administrative responsibilities.

Vision:

Credentials in Certified Asset Management that are well-known on a global scale are the goal of this vision.

Mission:

WPiAM is a worldwide partnership of non-profit professional organizations from around the world. It was established at the end of 2014 with the mission of assisting individuals and organizations in gaining knowledge of, testing their knowledge of, and demonstrating their proficiency in Asset Management.

Objectives:

Maintain a database of questions and answers that can be used to ensure that ISO 55001 auditors and assessors have a minimal level of knowledge and understanding of asset management.

Serve as a worldwide certifying agency for workers in the marketplace; and

Demonstrate that you place a high value on being honest, cooperating with others, and performing your job for the benefit of the general public.

The Global Forum on Maintenance and Asset Management (GFMAM)

The GFMAM is an organization that does not seek to make a profit for its members and was established in Switzerland in May of 2010. It was converted to a corporation that does not seek to make a profit in accordance with the laws of Canada in October of 2017. Every single one of the GFMAM's members is a charitable organization, and the entire membership is responsible for its day-to-day operations. They are all legally established in the regions in which they function, they have a big number of members spanning a wide range of the industry they represent, and they share the same objectives and principles as the GFMAM.

Vision:

To be a global community that provides the asset management and maintenance groups with a sense of purpose and direction.

Mission:

The mission of this organization is to advance and enhance the maintenance and asset management professions by collaborating on the development of information, standards, and practices.

Objective:

The Maintenance and Asset Management community will be brought together, promoted, and fortified all over the world as one of the goals of this organization's mission.

To provide assistance to groups or organizations in starting out and growing with goals centered on maintenance and/or asset management as their primary focus.

In order to facilitate the sharing and alignment of knowledge and practices about maintenance and asset management and to make it easier to do so.

In order to increase the legitimacy of the member organizations by increasing the visibility of the Global Forum.

Also Read: Is An Assessor Training Course Difficult And How Does One Can Get An Assessor Certificate?

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What is CAMA Certification by WPiAM?

World Partners in Asset Management (WPiAM) is a global partnership of national non-profit professional associations that was formed in late 2014 to enable individuals and organisations to develop, assess, and recognise asset management competence for the benefit of their members and the asset management community at large.

ABRAMAN (Brazil), AM Council (Australia), IFRAMI (France), PEMAC (Canada), and SMRP (USA) are all members.

The WPiAM's three primary goals are to:

Maintain a database of questions and answers that can be used to certify ISO55001 auditors and assessors in the bare minimum of asset management knowledge and understanding;

Be a global certifier of individuals in the marketplace; and

Exemplify the ideals of integrity, collaboration, and public service.

WPiAM's Certified Asset Management Assessor (CAMA) is a new industry certification that certifies a person's credentials in asset management knowledge and comprehension around the world. The CAMA accreditation is accepted in Australia, the United States, Canada, France, and Brazil. In terms of core requirements and knowledge, certification complies with ISO 55001 asset management standards; ISO 17021-5 (Conformity assessment — Requirements for bodies providing audit and certification of management systems — Part 5: Competence requirements for auditing and certification of asset management systems); and ISO 19011.

The CAMA certification will assure the quality of assessors and ISO 55001 procedures, as well as certify competency in asset management system knowledge and comprehension. Designed for asset management professionals with at least five years of experience who want to enhance their careers and learn more.

This certification was created under stringent guidelines and with the participation of leaders from a variety of key industries where good asset management is critical. The Certification has also undergone rigorous Beta testing and is now accessible. It has been tested for content authenticity and suitability.

This multiple-choice exam is based on the GFMAM ISO55001 Auditor Assessor Specification, ISBN978 0 9871799 3 7. The WPiAM is in charge of creating, maintaining, and administering the exam. The certification is carried out in line with 17024, and it meets the following requirements:

Specification for GFMAM

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

Part 5, section 5 of ISO 17021

Part 5: Competence criteria for the certification of asset management systems — Conformity assessment — Requirements for organisations offering audit and certification of management systems

What are the certification's requirements?

Applicants must meet the following requirements:

have at least 5 years of asset management experience; offer a resume/cv; and complete a professional profile. This professional profile is intended to show that you comply with ISO 17021-5, "Competence standards for auditing and certification of asset management systems," which requires auditors to have expertise with specific industries and asset classes.

Applicants must meet the following requirements:

Understand the GFMAM Competency Specification for an ISO 55001 Asset Management System Auditor/Assessor and have a working grasp of ISO 5500X Standards.

How do you get your CAMA certification?

A proctored online exam and a professional profile are required to receive the Certified Asset Management Assessor Certificate. It is a two-hour closed book exam with approximately 110 multiple choice questions. English is the current exam language. The spelling rules of ISO are followed.

Is the certification valid for a certain period of time?

The certificate has a three-year validity period. Over a three-year period, certificants can renew their certification by earning CPD points. If a candidate has not maintained sufficient CPD, they must retake the exam to be certified.

Is there any reference material available?

The following is a list of resources:

ISO 5500x is a set of international standards.

GFMAM Competency Specification for an Auditor/Assessor of an ISO 55000 Asset Management System.

Second Edition of GFMAM Landscape.

The ISO 55001 Companion Guide

The Asset Management Framework.

Also Read: CAMA RECERTIFICATION