AM Foundations

Asset Management Foundations

Build your asset management knowledge to realise value from your assets.


Register Now​ Subsidised Course (QLD Govt Only)  

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  • Overview
  • Modules
  • Delivery & Format
  • Outcomes
  • Mentors
  • Testimonials
  • FAQs
  • T&Cs

What is Asset Management Foundations?

The Asset Management Foundations course is a self-paced, four-module program designed to build capacity for asset-intensive organizations and deepen your understanding of asset management.

IPWEA highlights the growing need to address long-term sustainable service delivery by balancing value for money, risk, and resilience in changing circumstances.

Online

Online
Delivery

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CPD
25 hours

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Duration
4 Weeks

Pricing icon

Member: $1,250* | Others: $1,450*

*Ex GST

Group Discounts Available i

Group discounts are available to organisations who register:

  • 3-5 people (15% discount)
  • 6+ people (20% discount)

*Need to be registered at the same time and from the same organisation.

Please email full participant details of group (name, position, email, contact details, phone) to: admin@ipwea.org

Course Objectives

  • Define what Asset Management is and why it is important,
  • Explain the difference between Asset Management and Managing Assets
  • Outline the Asset Management System,
  • Summarise the key considerations for good Asset Management, and
  • Identify and explain the factors for success including alignment with the financial planning and reporting task.

Who Should Enrol

This course is for professionals managing public infrastructure assets such as transport, water, sewerage, parks, community facilities, and buildings, and is ideal for those seeking career advancement in this evolving field, including:

Asset Managers

Accountants / Finance Staff

Technical Officers

Administrative Staff

Community Planners

IT Staff

 

Course Modules

The course features 4 online modules, over 4 weeks. Modules progressively open each Monday at 9AM.

August 2025 Semester March 2026 Semester
August 2025 — Semester 2
Description Module Open
Australasia		 Live Q&A
Australasia 10AM (AEDT)
Module 1 - Introduction 11 Aug 14 Aug
Module 2 - The Asset Management System 18 Aug 21 Aug
Module 3 - Key Considerations 25 Aug 28 Aug
Module 4 - Factors for Success 01 Sep 04 Sep

 

Course Delivery

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Self Paced Online Program

This is a 100% online program, which gives you the flexibility to adapt your training to your professional and personal needs. You will be guided throughout the program by a personal learning mentor who will help you with activities.

Course Format

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What You'll Study

Each of the four modules requires you to work through the online materials each week, comprising assessment activities and reading excerpts from the International Standards and IIMM publications.

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QnA Session

You can also attend an (optional) 45-minute * online session held each Thursday, where key concepts will be covered, and you’ll have the opportunity for Q&A with our IPWEA subject matter experts.

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Assessments

After each of the four Modules, you will be asked to complete a short assessment task designed to consolidate your learning.

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Session Recordings

The live webinars will be recorded for those who are unable to attend.

Steve Verity

Steve Verity

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Principal Advisor - Asset Mgt, IPWEA

Steve is a fellow member of the IPWEA and has over 25 years’ experience in infrastructure management across the public and private sectors. Steve has a strong appreciation in the importance of applying robust planning and risk management frameworks to ensure the necessary funds are available to deliver projects and programs at the agreed level of service. Steve brings a depth and breadth of expertise to the team and willingness to share experiences with those who wish to develop their skills and knowledge.

Jacquiline Hansen

Jacqui Hansen

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Principal Advisor - Asset Mgt, IPWEA

Jacqui is a fellow member of the IPWEA and has extensive experience in infrastructure management across multiple sectors. She understands the challenges of ensuring the necessary funds are available to deliver projects at high service levels, and she shares her expertise to help others grow their skills. Jacqui also brings a wealth of knowledge in asset management, focusing on strategic planning, risk management, and sustainable project delivery. Her guidance helps teams navigate complex projects while ensuring long-term success and sustainability. With years of hands-on experience, Jacqui has made a significant impact in the infrastructure sector.

Brett Oldland

Brett Oldland

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Principal Consultant, Colour Me Green Horticulture

"Having undertaken many trades roles throughout my career in Parks and Open Space operations I had been looking for something with more of a holistic approach to the way we manage these spaces. A chance secondment as ‘Assets Technical Officer, Parks and Open Space’ opened a new world of opportunity and I enthusiastically enrolled and undertook the IPWEA Asset Planning Professional Certificate.

However, having a technical horticultural background I found it challenging to link my existing knowledge to what I learned in the Professional Certificate. The IPWEA Foundations course has helped me bridge my knowledge gap of the fundamentals and consolidate my understanding of AM principles and I am better able to articulate what this means in my workplace.

I only wish the IPWEA Foundations course had been available earlier. I look forward to applying what I have learned. I would recommend this course to anyone new to Asset Management or seeking to break into this as a career path, and also encourage anyone in an operational role to undertake this course in order to develop their knowledge on how an organisation can realise value from their assets." Learn More

After completing the Asset Management Foundations course, you will have a stronger understanding of the asset management discipline. The course references the updated ISO 55000 series standards—including ISO 55000, 55001, and TS 55010—ensuring your knowledge aligns with current international best practices and supports effective integration of asset and financial management.

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CPD Points

On average, each module will take approximately 2-3 hours to complete the mandatory learning activities.

An optional 45 minute live Q&A session is scheduled each module, providing an opportunity for you to ask questions and discuss key concepts of asset management with a mentor.

Total estimated 25 hours.
Eligible for CPD by Engineers Australia (EA) in accordance with EA Guidelines.

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Showcase your IPWEA Education Pathway achievements with a Digital Badge.

IPWEA has partnered with Credly to provide a convenient way for you to showcase your professional accomplishments. Upon course completion, you will now receive a ‘digital badge’ to recognise your achievements. A digital badge is easily shared online, data rich and verified. It is the ideal way to showcase your achievement.

IPWEA Digital Badges recognise the knowledge and skill gained via our courses in a way that is shareable with your network. We’ll be introducing the following badges for our four current pathway courses.

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WPiAM Endorsement

We are pleased to announce that the Asset Management Foundations course has been officially endorsed by the World Partners in Asset Management (WPiAM) under their Global Certification Scheme. This endorsement confirms that the course meets the global standards required for the WPiAM Awareness in Asset Management Certificate, providing participants with internationally recognised credentials. This recognition reflects the course’s alignment with global best practices in asset management and reinforces its value for professionals seeking to build a strong foundation in the discipline. Whether you’re starting out or looking to formalise your knowledge, this certification offers a significant step towards a globally recognised career in asset management.

Once you complete your registration, you will receive an email containing detailed instructions on how to log in, along with additional relevant information. This email is sent out a week before your course start date, so please keep an eye on your inbox. If you don't receive this email, please reach out to admin@ipwea.org.

There are no specific pre-requisites for the Asset Management Foundations course. It is designed to cater to professionals from various backgrounds who are interested in asset management. However, a basic understanding of asset management concepts or experience in an asset-intensive organization can be beneficial.

IIMM is a recommended resource for this course and is not inlcuded in your registration. If you'd like to get access to IIMM, please click here.

Completing this course can enhance your understanding of asset management, making you a more valuable asset to your organization. It provides foundational knowledge that can lead to advanced certifications and career advancement in the field of asset management.

The Asset Management Fundamentals (AMF) course covers the ISO 55000 framework, lifecycle asset planning, risk and performance management techniques, and strategic alignment of asset portfolios. It’s designed for practitioners who manage physical or digital assets within public and private organisations.

Terms and Conditions - Asset Management Foundations

Cancellation:

Participants may cancel their enrolment at any time. Cancellations received prior to the commencement of the course will not incur any penalty. Cancellations received after the course has commenced will be required to pay 100% of the course fee.

Enrolment suspension and transfer:

  • Applications to suspend and transfer enrolment to the next course must be received by the course administrator before the start of Module 1.
  • Applications for suspension and transfer received after commencement of Module 1 will incur a fee equal to 50% of the course registration fee to transfer to a future course.
  • Participants who have transferred enrolment to a Course must recommence on the next available course.
  • Participants who are granted an enrolment suspension and transfer will be provided access to all modules of the subsequent Course. Any of the work completed on the eLearning portal during the initial enrolment will not be transferred to the subsequent course.

Course fee payment:

Participants must ensure course fee payments are complete prior to the commencement of the course. In the event of late enrolments, IPWEA will accept an official Purchase Order as proof of pending payment. Participants who have not paid the course fee, do not receive feedback on their assignment submissions and cannot complete the course.

Extensions:

Extensions to complete work/assignments which are due will only be given in the following circumstances:

  • Illness or injury of the candidate or his/her immediate family where the candidate is one of the primary caregivers;
  • Death or incapacity of a family member or close relative;
  • Abnormal or unanticipated work load resulting from entity restructures or severe natural weather events such as earthquakes, storms, floods.

Assignment:

Assignments must be the participant’s own work. The use of AI to complete assignments can be detected. Participants using AI to complete assignments are not demonstrating that they understand the key concepts in the course and will be asked to resubmit.

Course Closure and Finalisation:

Participants will have access to the online course environment, IPWEA eLearning platform for a reasonable period following the conclusion of the course to facilitate assignment completion.

Our commitment to participants:

  • The Assignments will remain confidential and will only be used for the mentor’s assessment and feedback.
  • Mentors will respond to participant questions in a timely manner.
  • Mentors will provide support to all participants as far as practical to assist them to complete the course.

Privacy:

Personal information will be handled in accordance with IPWEA’s privacy policy, available on IPWEA’s website.

Use of AI tools:

IPWEA appreciates the convenience and assistance that artificial intelligence (AI) tools offer. However, to ensure you achieve value from the learning experience, we strongly recommend limiting the use of AI in your interactions, discussions and assessment submissions. This course is designed to enhance your individual critical thinking, problem-solving abilities, and professional skills. Using AI extensively may hinder this development. While we don't entirely prohibit the use of AI, we ask you to use such tools responsibly and primarily for tasks like organising or summarising thoughts, rather than to generate submissions. Any work submitted should reflect your understanding, insights, and the contextualised application of the knowledge gained throughout the course. Any excessive reliance on AI detected in submissions may impact assessment outcomes.

IIMM (Recommended text for this course)

Driven by updates to ISO 55000, the 6th Edition of the internationally acclaimed Infrastructure Management Manual explains how to apply the standards for asset management. It offers essential guidance for those responsible for managing infrastructure investments for their community, customers or investors.

Get IIMM

 

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Semester 2 (2025)

Commencement Details:
Date: 11 August 2025
Time: 9 AM (AEST)

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Semester 1 (2026)

Commencement Details:
Date: 9 March 2026
Time: 9 AM (AEDT)

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