PEMAC is an independent, board-run non-profit association. The activities of the association are funded primarily from membership and certification fees, conference fees and revenue sharing from delivery of curricula. Development of the association and its ability to serve its members is wholly dependent on the support, interest and voluntary contributions of members.
Members are the 'owners' of the association who elect the Board of Directors which, in turn, directs the affairs of the association within the bylaws.
The PEMAC Board, whose directors are all volunteers, steers the association, oversees finances, sets and approves policy, develops strategic plans and assists with the establishment of the vision, mission and values for the association. As well, the Board oversees the implementation of work plans by supervising and evaluating the work of the Executive Director.
PEMAC’s Vision:
Canadian leaders in asset management.
PEMAC’s Mission:
Enabling excellence in maintenance, reliability, and asset management through collaboration, applied learning, and leadership.
PEMAC’s Values:
Our members’ highest duty is to the public. We exercise that duty by supporting and enhancing the ability of our members to serve their organizations and communities with values that include:
Integrity, Credibility, Learning, Collaboration, and Leadership.
PEMAC’s Strategic Goals:
Our key strategic goals to achieve in this strategic mission 2020-2025 are:
- A: Expand our offerings in maintenance and reliability management
- B: Raise awareness for the professional field of asset management
- C: Grow the capacity of PEMAC to support our vision
- D: Broaden community engagement through “connect, learn and contribute”
- E: Set high standards for asset management excellence in Canada
All volunteer initiatives should be aligned with the strategic goals and objectives.