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.
How is the CAMA Certification obtained ?
The Certified Asset Management Assessor Certificate is obtained by successfully completing an online exam and professional profile.
From Wednesday 17 June 2020, greater freedom has been granted to potential CAMA Exam participants with the announcement of the Remote Proctoring Solution. This will allow participants to undertake the CAMA Exam anywhere around the globe, with no face to face element required.
The exam is a two hour closed book exam, with around around 110 multiple choice questions. The exam is currently available in English, Japanese, Spanish and Portuguese with additional language versions currently in preparation. ISO spelling conventions are used.
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.
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.