Asset Management for Project Management Certificate

Overview

This specially tailored Certified Technical Asset Management (CTAM) course equips project management professionals with the knowledge, tools, and practical skills to apply asset management principles across project planning, design, delivery, commissioning, asset handover, and lifecycle decision-making. Drawing on internationally recognised frameworks such as ISO 55001 and the Global Forum on Maintenance and Asset Management (GFMAM) Asset Management Landscape, this course helps project management professionals bridge the gap between traditional project delivery practices and effective asset management decision-making, supporting successful project outcomes, lifecycle value, risk management, and the achievement of organisational objectives.

Why This Course Matters for Project Management

Project management professionals play a critical role in ensuring projects deliver sustainable value through effective planning, investment decisions, delivery, and asset handover. Yet traditional project management practices often focus on scope, schedule, budget, and project completion rather than whole-of-life asset performance and long-term value.

This course:

• Translates core asset management principles into project management language and practices that project professionals can readily apply.

• Explains how project decisions influence asset reliability, maintainability, lifecycle costs, risk, performance, and long-term value.

• Connects project planning, design, delivery, commissioning, and handover to organisational objectives and ongoing service delivery outcomes.

• Empowers project management professionals to contribute strategically to asset management decisions, moving beyond traditional project delivery measures of time, cost, and scope.

Why In-house

When we deliver a private (in-house) course, we tailor it to your organisation.

This will include:

• Organisational Culture

• Industry-Specific Project Delivery Practices

• Project and Commercial Considerations

• Asset Owner vs Asset Steward Considerations

• Lifecycle Ownership and Project Accountability

• Addressing Customer and Operational Requirements

• Project Management Capability Uplift

Who Should Attend

This course is ideal for project managers, program managers, project directors, project engineers, project coordinators, delivery managers, capital works managers, project sponsors, and project management professionals who want to:

• Deepen their understanding of how project decisions influence asset lifecycle costs, risk, performance, operational readiness, and long-term value creation.

• Confidently contribute to asset investment planning, project governance, lifecycle integration, asset handover, and strategic asset management initiatives within their organisation.

Course Outcomes

Upon completion, project management professionals will be able to:

• Apply core asset management principles to project initiation, planning, design, delivery, commissioning, handover, and lifecycle decision-making.

• Understand how project management functions support an Asset Management System (AMS) aligned with ISO 55001 requirements.

• Engage key stakeholders across projects, engineering, operations, maintenance, finance, and asset management to align project decisions with organisational objectives.

• Apply practical project and asset management concepts to evaluate investment options, delivery risks, lifecycle costs, operational requirements, and long-term value.

• Support continuous improvement through effective asset information handover, risk-based project decisions, performance measures, and the realisation of intended asset management benefits.

TESTIMONIALS

• "I would highly recommend it to anyone wishing to extend their knowledge in Asset Management."

• "The course was well structured with and very good link to the practical application of asset management."

• "Martin was an excellent presenter and did a great job at using a wide range of examples."

• "Valuable examples, Martin's vast experience, right content to what I was looking for."

• "I liked the presenters enthusiasm which kept me engaged and an active participant. I also enjoyed the different intractability aspects with polls."

• "The way to assess each lifecycle stage of an asset in terms of 'Why, What, and How'. Asking those questions is something that I am going to start adopting as a work principle. Also, this course is a one stop solution to build connection between different ISO 5500x series standards."

Course Structure

• Introduction – Project Management Role in Asset Management

• Asset Management Fundamentals for Project Management

• Asset Management System and Project Integration

• Stakeholders, Service Delivery and Project Requirements

• Management, Leadership and Engineering Culture

• Life Cycle Management a Project Management Perspective

• Cost, Risk and Performance in Project Decisions

• Data and Information

• Roles and Responsibilities

• Improvement and Project Oriented Value Creation

• Summary and Exam

YOUR INSTRUCTOR

Martin Kerr designed this course after seeing many organisations “overcomplicating” Asset Management, separating it from Engineering, and failing to realise its value.

Martin began his career as a Maintenance Fitter and Machinist. He has front-line operational experience in complex commercial environments and served as CEO of a heavy-maintenance business. He previously served as a global Project Director for an ASX200 company.

Organisations need to realise that, for the most part, they are already doing Asset Management! Even if they don’t know it, organisations without physical assets will gain value by adopting Asset Management principles and increasing their market share.

Martin's Experience

• Certified Fellow in Asset Management (CFAM)
• Asset Management Certified Professional (AMCP)
• Certified Asset Management Assessor (CAMA)
• Certified Maintenance and Reliability Professional (CMRP)
• Lead convenor of ISO55001:2024
• Technical Director of the World Partners in Asset Management (WPiAM) 
• Contributor to the Global Forum of Maintenance and Asset Management (GFMAM) 
• Developed Asset Management Plans for the NSW State Government (>$200B portfolio value) 
• Asset Management Maturity Assessor (Asset Management Council and Infrastructure NSW)
• ISO audit preparation through to accreditation
• Asset Management Trainer (>3,000 international students to date)
• Asset Management Maturity Assessments and Asset Management course delivery (AM Council of Australia)

Martin is a co-author of Living Asset Management Maturity 2020 (ISBN: 978-0-6481816-1-3)

Martin is the author of Organizational Change Management for Asset Management (ISBN: 979-8-2306838-3-4)

 

Martin is the co-author of Organisational Change Management (OCM) for Enterprise Asset Management (EAM) (ISBN: 978-0-9945459-3-0)

 

 

Frequently Asked Questions (FAQs)

Am I required to sit the CTAM exam via the WPiAM after I complete this course?

Yes. The exam is provided by the WPiAM.

I have completed this course. What must I do to receive my CTAM Certification?

Provide your passing certificate from this course to any participating WPiAM member society and complete the competency profile. This will place you in their Continuing Professional Development (CPD) program.

What are the prerequisites to becoming a CTAM?

Two years of experience in an asset management-related role. This includes any role supporting Asset Management decision-making across the asset lifecycle, including Engineering, Design, Reliability, Maintenance, Projects, Asset Management, Manufacturing, Product Development, and supporting functions such as Safety, Environment, Compliance, Finance, Commercial, Supply Chain, Human Resources, and Information Technology.