The “Certified Asset Management Assessor” (CAMA) certification establishes an individual's credentials in asset management knowledge and comprehension, globally.
This multiple choice exam is based on ISBN978 0 9871799 3 7 GFMAM_ISO55001 Auditor_Assessor Specification. The WPiAM develops, maintains, and administers the exam.
The certification is conducted in accordance with 17024, and complies with
§ GFMAM Specification, GFMAM Competency Specification for an ISO 55001 Asset Management System Auditor/Assessor, First Edition, version 2 English Version
§ 17021 Part 5, section 5 Conformity assessment — Requirements for bodies providing audit and certification of management systems — Part 5: Competence requirements for the certification of asset management systems
How is the CAMA Certification Obtained?
The Certified Asset Management Assessor Certificate is obtained by successfully completing a proctored on-line exam and professional profile.
The exam is a two hour closed book exam, with around around 110 multiple choice questions. The current exam language is English. Spanish and Portuguese versions are currently in preparation. ISO spelling conventions are used.
The professional profile is used to demonstrate compliance with ISO 17021-5 Competence requirements for auditing and certification of asset management systems. This requires auditors to have experience in certain industry types and asset classes, which is why this certification requires a professional profile.
What are the prerequisites for the certification?
· have a minimum 5 years of working experience in asset management;
· provide a resume/cv; and
· complete a professional profile. This professional profile is used to demonstrate compliance with ISO 17021-5 “Competence requirements for auditing and certification of asset management systems” that requires auditors to have experience in certain industry types and asset classes.
· have working knowledge of ISO 5500X Standards; and
· understand the GFMAM Competency Specification for an ISO 55001 Asset Management System Auditor/Assessor.
Please note, applicants are not required to complete any specific course or training prior to the exam.
How long is the certification valid for?
The certificate is valid for three years. Certificants can renew their certification through CPD points over the three year period. If an applicant hasn’t kept adequate CPD, they must pass the exam again to be certified.
Benefits of Certification
For individuals, obtaining the Certified Asset Management Assessor Certification establishes their credentials in asset management knowledge and comprehension, globally.
Organisations are able to determine the competence and experience of personnel, whether they are part of an audit team, or helping to implement and assess asset management systems. Certification also meets the requirements for the Joint Australian and New Zealand Asset Management Systems Scheme (AMS Scheme): “Requirements for bodies providing audit and certification of Asset Management Systems”, April 2015.