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CFAM


Recognized Leader in the Profession of Asset Management 

The Certified Fellow in Asset Management (CFAM) certification recognizes individuals who have significantly contributed to the professional field of asset management. 

Aligned with the WPiAM global certification scheme (GCS), this certification recognizes professionals who have the knowledge and skills required to exercise the highest degree of 
independence and initiative to perform at a strategic technical leadership level in asset management (AM). 

Applicants require a minimum of a total twelve years in AM, with at least the last three years of which are performance at the CFAM level. 

COMING SOON

Continuing Professional Development Requirements

Minimum total number of 180 hours over 3 years in at least three (3) of the following categories; 1 category must be AM Community Participation

  • Formal education and training
  • Informal education (max 20 hours/year)
  • Presentation and publishing
  • Formal education and training delivery
  • AM Community participation
  • Professional Practice (max 30 hours/year)

CFAM Application Information

The Certified Fellow in Asset Management (CFAM) certification is awarded to individuals with the knowledge and skills required to exercise the highest degree of 
independence and initiative to perform at a strategic technical leadership level in AM. The individuals perform a strategic technical leadership role, such as contributing towards significant advances to the AM body of knowledge, generalist or specialist application in unique, complex and / or advanced environments, or in the provision of expert advice. 
Roles at this level will require a critical understanding of Asset Management, typical operating sectors, their context and the factors affecting its adoption.

This requires:

  • Tested knowledge in Asset Management (CAMA Exam -or- Equivalent Qualification. See page for pre-approved list.)
  • Systemic and critical understanding of a substantial and complex body of knowledge at the frontier of asset management professional practice;
  • Expert, metacognitive, technical and innovation skills in asset management to independently and systematically:
    • engage in critical reflection, synthesis and evaluation;
    • develop, adapt and implement research methodologies to extend and redefine existing knowledge or professional practice;
    • disseminate and promote new insights to peers and the community;
    • generate original knowledge and understanding to make a substantial contribution to asset management professional practice
    • contribute to organizational establishment of a culture which is appropriate to asset management and the sector.
    • ability to apply innovative and novel approaches to the management of personnel and processes in Asset Management for an organization
  • The ability to apply knowledge and skills to demonstrate authoritative judgement, autonomy, adaptability and responsibility as an expert and leading practitioner.  
  • Awareness and understanding of all the recognised Domains of Asset Management (AM), their inter-dependency, and integration.
  • Awareness and understanding of the key requirements for an integrated AMF.  
  • The ability to synthesise and integrate complex knowledge (including eliciting such knowledge from a range of Domain and Asset Management experts).  
  • Manage the integration/relationship of asset management with other organizational management systems and processes.

A Certificant, typically in a strategic technical leadership role in AM,will:

  • Provide AM leadership
  • Align and integrate AM practice
  • Lead the review and development of AM Policy
  • Lead the review and development a Strategic Asset Management Plan (SAMP)Lead the review and development of AM Plans (AMPs)
  • Monitor the implementation of AM Plans
  • Lead the review and development of AMF practices, processes and Artefacts
  • Monitor, assure and/or validate implementation of the AMF practices, processes and Artefacts
  • Monitor, assure and/or validate implementation of an AMF Continuous Improvement Plan

Fees

Application Fee:

$50

Refundable deposit on first Certification period:

$355 / year (prorated for August 31st expiry)

To Apply

First complete the CFAM Self-Assessment and the application package will be sent to you.

CFAM Self-Assessment (Coming Soon)