The Certified Asset Management Assessor (CAMA) Certification establishes an individual’s credentials in asset management knowledge and comprehension, globally. 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.
  • 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 CAMA Certificate is obtained by successfully completing an online exam and professional profile.
The exam is a two-hour closed book exam, with 110 multiple choice questions. The exam is available in English, Japanese, Spanish, French and Portuguese.

What are the prerequisites for the certification?

Applicants must:

  • Have a minimum 5 years of working experience in asset management;

  • Complete a professional profile which is then reviewed and approved by the WPiAM Technical Team.

Applicants should:

  • have working knowledge of ISO 5500X Standards; and

  • understand the GFMAM Competency Specification for an ISO 55001 Asset Management System Auditor/Assessor.

What is the professional profile for?

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.

View our guide to completing your profile here.

What is the exam fee?

The CAMA exam costs US$450; for Australian residents it is US$450 + GST. If a candidate is a member of one of WPiAM’s Member Organisations, they can contact their Organisation to receive a member discount code. If you ever need a refund, please read our refund policy here. 

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.

Recognised training programs

Please find here a list of training programs recognised by WPiAM. 

For more information, please read through our Frequently Asked Questions guide or email our Examination Coordinator at cama@wpiam.com