The awe! Asset Management Self-Assembly Courses

Create Your Own Course with our Self-Assembly Modules

Suitable for those working in sectors where managing assets is important, e.g. Utilities, facilities management, local authorities.

Right for you if you are new to asset management or an experienced practitioner needing to check and/or prove your knowledge.

The modules can be accessed on any smart mobile, tablet, laptop or desktop.

It is created by Asset Wisdom using internationally recognised asset management specialists.

The module features:

Professional audio
Animation and interactivity
Formative and summative assessments

It is one of 14 modules in the awe! Certificate Course that’s mapped to the IAM Certificate exam. They cover the GFMAM’s and IAM’s 39 subjects that describe the scope of asset management.


AW001 Introduction to ISO 55000

This module informs learners from a wide range of business sectors about ISO55000, its history, purpose, scope and the benefits available from its application. Learning Outcomes This module will provide an understanding of: The context and background to ISO 55000 including the journey from BSI PAS 55 The purpose of ISO 55000, its scope of […]

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AW002 Introduction to Asset Management

This module provides an introduction to asset management. It highlights the principles, processes and benefits of good asset management, including the need for an asset management system, its main components are and how they are applied. The module emphasizes the importance of informed decision-making throughout the life cycle of assets so that they deliver value […]

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AW003 Benefits of Asset Management

This module enables the learner to understand the benefits of a consistent, integrated and whole life cycle approach to asset management. It also covers the importance of good communication and how to recognise and handle some of the misunderstandings that are likely during the planning and implementation phases. Learning Outcomes This module will provide an […]

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AW004 Risk and Risk Management

This module demonstrates how an understanding of risk and risk management are essential in asset management. It also gives an introduction to the closely related topics of resilience analysis, contingency planning and the management of change. Learning Outcomes This module will provide an understanding of: What risk is The risks at different stages in the […]

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AW005 Organisational Context and Stakeholder Expectations

This module explains how asset management needs to be aligned to ‘the big picture’, the organizational context, including the importance of understanding stakeholder needs and how they can be met. Learning Outcomes This module will provide an understanding of: What organisational context means and why it is important The importance of identifying stakeholders and understanding […]

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AW006 Scope of the Asset Management System

This module explains what an asset management system is and how it impacts the whole organisation. It shows the scope, structure and main elements of a system and how this provides for the coordination, control and continual improvement of assets in line with the organisational plan. This includes highlighting the key factors and people needed […]

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AW007 Asset Management Policy, Strategy, Demand Analysis and Objectives

This module explains the role of asset management policy, strategy, demand analysis & objective setting and how they provide the cornerstone of an effective asset management system. It covers the scope, structure and elements of each activity, explaining how they are informed by, and aligned to, the organisation’s objectives and how they serve as the […]

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AW008 Asset Management Planning

This module explains the role of asset management planning in determining the organizations asset management activities and budgetary considerations. It describes how the organisation’s strategic planning framework and the role of sustainable development are used to develop an asset management plan that can be delivered within a changing economic, environmental and social context. This includes […]

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AW009 Asset Information

This module focuses on the role of information within an organisation’s asset management system. It identifies the core components of an effective asset information environment, including the information needs of internal and external stakeholders, and the ‘asset information systems’ needed to manage this information. Learning Outcomes By completing the module, you’ll understand: The importance to […]

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AW010 Asset Management Decision Making

This module demonstrates how asset management decision making is crucial to the development of robust asset management plans. It explains how all stages of the asset life cycle need to be modeled within a framework. The framework ensures a consistent approach to capital, operations and maintenance investment decision making. The module also demonstrates the importance […]

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AW011 Leadership, Organisation and People

This module focuses on the importance of people for the delivery of effective asset management. It explains how good leadership and the building of an appropriate culture and supporting structures are central to asset managers delivering organisational objectives. It also illustrates the importance of ensuring that the organisation has the right competences for fulfilling its […]

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AW012 Asset & Asset Management System Performance

This module explains the role of ‘asset health’ and ‘asset management system performance monitoring’ in supporting the delivery of an organisation’s asset management objectives. It covers the importance of setting clear performance indicators and effective measurement processes, and of identifying non-conformance criteria and appropriate responses. It also emphasizes the importance of continual improvement in asset […]

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AW013 Life cycle activities Part 1

This module explains the key phases in an asset’s life cycle. This includes identification of need, creation or acquisition, utilisation and maintenance and decommissioning and disposal. It looks at the integration of these activities to maximise value and at the role of planned interventions and actions to take in the event of failure and incidents. […]

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AW014 Life cycle activities Part 2

This module describes the key enabling actions that are required to support the effective management of an asset over its life. It covers considerations associated with design, legislation, configuration and resource management. This module should be considered in conjunction with “Life Cycle Activities Part 1”, which provides an overview of the key phases of an […]

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