ProCert IFM

Professional Certificate in Infrastructure Financial Management


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

About this Course

The Professional Certificate in Infrastructure Financial Management (ProCert IFM) enables asset and finance management professionals achieve their required business objectives. The key objectives of the course are to establish the importance of infrastructure stewardship responsibilities and learn how to meet this stewardship responsibility through the integration of asset management and financial management planning concepts.

This course has recently been refreshed to reference the updated ISO55000 series international standards for Asset Management with the release of revised versions of ISO55000 - Vocabulary, overview and principles, 55001 - Asset management system — Requirements & TS 55010 - Guidance on the alignment of financial and nonfinancial functions in asset management.

Online

Online
Delivery

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CPD
30 - 40 hours

Course Length icon

Duration
7 Weeks

Pricing icon

Member: $2,900* | Others: $3,100*

*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

  • 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

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:

Senior Management

Asset Managers

Accountants / Finance Staff

Technical Officers

Administrative Staff

Community Planners

IT Staff

 

Course Modules

The course references the IPWEA International Infrastructure Financial Management Manual (IIFMM) and is aligned to the International Accounting and Financial Reporting Standards and reflects guidance provided in ISO/TS 55010.

Over 6 modules you will learn global best-practice from internationally renowned experts. The course is built for busy professionals looking to fast-track their development, delivered via a mix of online content, videos and coursework.

April 2026 Semester August 2026 Semester
April 2026 Semester
Description Module Open
Australasia		 Live Q&A
Australasia 10AM (AEST)
Module 1 - Intro to Infrastructure FM 13 Apr -
Module 2 - Financial Strategy and Planning 20 Apr -
Module 3 - Linking Financial and Asset Management Planning 27 Apr -
Module 4 - Key Accounting Principles for Infrastructure 4 May 5 May
Module 5 - Financial Management Reporting 11 May -
Module 6 - The Bigger Picture 25 May 26 May
 

Final assignment due date: 15 June 2026

 

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.

The IPWEA Professional Certificate in Asset Management Planning is a short course which is practitioner based and focussed. A professional certificate is awarded by IPWEA upon successful completion of the course. Successful candidates may use the postnominals: ProfCertAM if they choose to do so. E.g. J.Citizen ProfCertAM.

The Engineering Institute of Canada (EIC) recognizes NAMS Canada as a Quality Provider of continuing education units (CEU) to the engineering community. Successful completion of the Professional Certificate is recognized as 5.0 EU points by EIC. Let us know if you are seeking CEU’s under the EIC as we will need to register you for this recognition.

Each of the modules consists of videos and homework tasks. These can be undertaken during the week of the module at a time that suits the participant. Weekly there will be a live Q&A session in which participants can raise questions and receive answers directly from the course mentors. The Q&A sessions will be recorded but are not mandatory for successful completion of the course. The recording of the Q&A session is usually available within 24 hours of each live event.

Course Delivery

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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.

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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.

 

Course Format

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What You'll Study

Each of the course 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 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.

Upon successful completion of the program, you will be awarded an IPWEA Professional Certificate in Infrastructure Financial Management.

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CPD Points

On average, each module will take approximately 2 – 4 hours to complete the mandatory learning activities. Additionally, you will be required to complete your final assignment. Your final assignment may take 10 – 20 hours to complete, depending upon your background in interpreting financial statements. We provide you with a resource on how to interpret financial statements.

Total estimated 30 – 40 hours (depending on available data & previous experience).
Eligible for CPD by Engineers Australia (EA) in accordance with EA Guidelines.

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Credly Badge

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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Learning Outcomes

Through Professional Certificate in Infrastructure Financial Management course, you will learn how to align financial reporting with long-term infrastructure service delivery. You’ll understand how infrastructure financial management fits into the broader picture of delivering services sustainably, and how to adopt a stewardship approach that ensures responsible management of assets across their life cycles. The course equips you with the knowledge to link asset management plans with long-term financial planning, moving beyond annual budgeting to a more strategic, forward-looking approach.

You’ll gain practical skills to assess what your customers can afford, and how to apply this insight in making service, cost, and risk trade-offs. The course also teaches you how to recognise infrastructure assets in annual financial statements in line with international accounting standards and explains the importance of using current asset values when developing financial strategies. By applying consistent performance measures, you’ll be empowered to make informed decisions and report with greater clarity and accountability—enabling more sustainable infrastructure outcomes for your community.

Allen M

Allen Mapstone

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Director Strategic Asset Management, IPWEA | NAMS Canada

Allen is an experienced Civil Engineer with extensive experience in all aspects of asset management planning and operations. Allen is the principal trainer for the NAMS.PLUS asset management across Australia and Canada both in “face to face workshops” and webinar environments. Allen has been involved in many projects in Australia and Canada implementing improved asset management practices. Allen has worked in asset management strategic and operations planning in a number of government organizations. He has excellent knowledge of local government, political, corporate planning.

Steve Verity

Steve Verity

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Principal Advisor - Asset Management, 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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Senior Advisor - Asset Management, IPWEA

Jacqui is an emeritus member of the Local Government Engineers Association. She understands the challenges of ensuring the necessary funds are available to deliver essential services to communities, 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 service delivery. Her guidance helps teams to improve asset management practices, ensuring long-term success and sustainability. With years of hands-on experience, Jacqui has made a significant impact in the local government infrastructure sector.

Steve Walker

Steve Walker

in

Principal - Asset Engineering

Steve has 27 years’ experience working both within and with Local Government. He was extensive practical Asset Management experience and was involved in the development and delivery of the 2007 precursor to NAMS.PLUS in South Australia in 2007.

Adam Thomas

Adam Thomas

Senior Advisor - Infrastructure Financial Management

Since starting with local government nearly 25 years ago, Adam has held a number of senior roles in asset financial management in NSW State Government, Federal Government and the University sector. In more recent times, Adam has worked as a consultant to several NSW local governments, specialising in the integration of Asset data with large ERP systems, data modelling, capital expenditure management, AMP preparation and asset financial management. Adam is a CPA with an economics degree and also holds a Master of Business Administration.

Norberto Levin

CEO, Levin Assets

Norberto Levin, CEO at Levin Assets, shares how the certification has enhanced his career and brought industry best practices to his team.

 

Terms and Conditions

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.

IIFMM (Recommended Text) (Complimentary Access)

Based on a decade of experience in promoting aligning of accounting standards with infrastructure management in Australia, IPWEA is pleased to be able to expand these concepts to apply on the global stage. This International Infrastructure Financial Management Manual (IIFMM) has evolved from the Australian Infrastructure Financial Management Guidelines which were first published in 2009. Since then we have had increasing world-wide interest in the need to better manage infrastructure assets.

Complimentary Access: The IIFMM is provided complimentary for the course duration.

Get IIFMM

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Semester 1 (2026)

Commencement Details:
Date: 13 Apr 2026
Time: 11 AM (AEST)

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Semester 2 (2026)

Commencement Details:
Date: 31 August 2026
Time: 9 AM (AEST)

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