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Outstanding Outcome from CAMA Exam Launch

Nov 12, 2014 | Media Releases

Announcing the first 35 globally Certified Asset Management Assessors

October 2014 saw the successful Australian launch of the first Certified Asset Management Assessor exams. The Asset Management Council is delighted to announce the results and advise that the first Australian group of 35 CAMA professionals are currently being issued with official certificates from World Partners in Asset Management (WPiAM).

Globally acknowledged as a great step forward for the asset management community, this successful launch unequivocally shows Australia’s leadership in global asset management. CAMA is run and recognised throughout Australia, Brazil, Canada, France and the USA.

Due to unprecedented demand, another CAMA Exam sitting will be offered in early December this year. Exam candidates must have a minimum of five years’ experience in asset management and have a strong working knowledge of ISO 5500X.

Over three hundred questions, generated by leading practitioners from across the globe, now make up the CAMA Exam question database, ensuring exam integrity through question variation. Trial candidates in Australia and Brazil provided valuable feedback on suitability of exam content; and statistical analysis of results for the trials set an initial pass mark for the exam. Psychometric testing and peer review of individual questions further enhanced the quality of the exam for candidates.

Observations to date show a good distribution of results across the different combination of exam questions amongst candidates with industrial, geographical and cultural diversity. This provides strong confidence that the CAMA exam is an effective method for identifying required asset management knowledge for ISO 55001 Assessors.

About the exam

Based on GFMAM’s (Global Forum on Maintenance and Asset Management) ‘Competency Specification for an ISO 55001 Asset Management Auditor and Assessor’ document, the CAMA Exam was developed by leading not-for-profit asset management organisations which form WPiAM and include: ABRAMAN, the Asset Management Council, IFRAMI, PEMAC and SMRP.
Compliance with the Competency Specification for an ISO 55001 Asset Management Auditor and Assessor’; ensures that successful applicants have the minimum required knowledge to be an ISO 55001 assessor. This requires compliance with the following:

• ISO 55001: Asset management – Management systems – Requirements
• ISO 17021-5: Conformity assessment – Requirements for bodies providing audit and certification of management systems – Part 5: Competence requirements for auditing and certification of asset management systems
• ISO 19011: Guidelines for auditing management systems.

All of these are covered by the CAMA Exam.

To register your interest for the upcoming CAMA Exam, please email Eva at training@amcouncil.com.au or contact us on +613 9819 2515.

For further information, contact: Madeleine Berenyi, Communications Coordinator, Asset Management Council, Phone: (03) 9819 2515, Fax: (03) 9819 2516, Email: publications@amcouncil.com.au, URL:www.amcouncil.com.au