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6 modules delivered online

• Delivered by an online platform with weekly live Q&A, how-to videos, discussion forums and assignments
• Hands-on experience with tools and templates
• Based on the International Infrastructure Financial Management Manual (IIFMM). During the course you will be given access to this valuable reference publication.
• Aligns with International Accounting Standards and Financial Reporting Standards (IFRS) and  ISO 55010.

Course objectives

• Master the key concepts of infrastructure financial management
• Learn how to adopt a stewardship approach to managing infrastructure
• Learn to communicate and manage the interplay between Asset Management Planning and Financial Planning

Course outputs

• Successful completion of the course - "Professional Certificate in Infrastructure Financial Management"
• Final assignment will be based on the development of a Long-Term Financial Plan including the use of financial sustainability indicators.

Learning outcomes

• Explain how infrastructure financial management reporting fits into the broader picture of ongoing infrastructure service delivery.
• Apply a stewardship approach to manage infrastructure to provide needed services in a financial sustainable manner.
• Determine the approaches required to identify what organisations’ customers can afford.
• Demonstrate how to derive additional benefits from long-term financial planning over annual budgeting.
• Link asset management plans to long-term financial planning.
• Connect the trade-off consequences to decisions between service, risk and cost in determining asset management plans and financial strategies.
• Recognise infrastructure assets in the preparation of annual financial statements in accordance with international accounting principles.
• Explain the critical importance of using current values for infrastructure assets in developing financial strategies.
• Apply a consistent and appropriate approach to the performance measures used for informed decision making and reporting.

This will be an intensive but practical and rewarding course consisting of 6 Modules.

Learning by Doing

Innovation requires action. That’s why this course will help you put into practice everything that you will learn. And you won’t just learn from video lectures – you will also get to participate in an engaging and collaborative classroom environment.

Industry Expert Mentors

Your mentors fast-track student’s learning, through the sharing of their experiences and insights.
Your mentors track your progress, provide feedback and carefully assess your draft Asset Management Plan.
The Professional Certificate delivers immediate results to you and your organisation.

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.

IPWEA uses the latest in platform Cahoot. Cahoot is a highly dynamic and innovative online educational environment that delivers world class learning experiences and outcomes to participants from around the world. In collaboration with inspirational global educators and organisations across the world, Cahoot delivers truly engaging and meaningful educational experiences.

The course is targeted at those managing public infrastructure assets such as road and transport networks, water, sewer and drainage networks, parks and recreation facilities, community facilities and buildings and other community assets.

Therefore any professional with an interest in progressing their career in this rapidly evolving field, including:

• senior management
• asset managers
• Finance leaders, accountants and finance staff
• technical officers
• administrative staff
• community planners
• IT staff
• staff service providers

Cancellation

Candidates may cancel their enrolment at any time. Cancellations received seven (7) or more days before to commencement of the course will not incur any penalty. Cancellations received less than seven (7) days but prior to the commencement of the course will be required to pay 50% of the course fee. Cancellations received after the course has commenced will be required to pay 100% of the course fee.

Enrolment suspension and transfer

1. Applications to suspend and transfer enrolment to the next course must be received by the course administrator before the start of Module 1.
2. 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.
3. Candidates who have transferred enrolment to a Course must recommence on the next available course.
4. Candidates 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 Course portal (Cahoot) during the initial enrolment will not be transferred to the subsequent Program portal.

Extensions

1. Extensions to complete work/assignments which are due will only be given in the following circumstances:
   1. Illness or injury of the candidate or his/her immediate family where the candidate is one of the primary caregivers;
   2. Death or incapacity of a family member or close relative;
   3. Absence of the candidate’s manager, where the manager must sign-off any assignment;
   4. Abnormal or unanticipated work load resulting from entity restructures or severe natural weather events such as earthquakes, storms, floods.
2. Only one extension of time to complete work/assignment will be granted per program.
3. Requests for extension of time due to any inability to balance competing priorities (such as leaving course work to the last minute) will not be granted. The ability to learn to balance competing objectives is a core skill to be acquired as part of successfully completing the course.
4. Unemployment, absence, relocation, secondment, changing employer – these are special circumstances and usually result in allowing the candidate either additional time to complete, or to suspend their course with the option of re-commencing at the same stage in the next available course. Such matters are considered on a case by case basis. Application should be made in writing to the course administrators.

Assignment submissions

1. Assignments must be the participant’s own work. We acknowledge collaboration can occur within an entity. However, submissions must be the participant’s own work.
2. Participants must follow the format of the Asset Plan as per the course. Assignments must be consistent with the course format and templates.

Privacy

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

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