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IAM
The Institute of Asset Management: A Cornerstone of PCM Consulting's Expertise

PCM Consulting proudly holds certification from The Institute of Asset Management (IAM), a testament to our unwavering commitment to global best practices in asset management.

Based in the United Kingdom, the IAM is a leading international professional body, uniting professionals, researchers, and organizations dedicated to advancing the discipline of asset management through the development of robust tools, methodologies, and standards. These ensure asset reliability and efficiency throughout their entire lifecycle.

What is IAM?

IAM is a not-for-profit professional body that develops and disseminates world-leading knowledge in asset management. Its framework encompasses 39 subject groups, covering every stage of the asset lifecycle. This framework empowers organizations to implement a robust system of governance, strategic planning, operational execution, and continuous improvement.

Learn IAM’s 39 Subject Groups:

1. Strategy & Planning

  1. Asset Management Policy Development
  2. Asset Management Strategy Development
  3. Asset Management Planning
  4. Asset Management Objectives
  5. Organisational Objectives Alignment

2. Asset Management Decision-Making

  1. Asset Demand Management
  2. Investment Option Analysis
  3. Lifecycle Value Realisation
  4. Asset Acquisition / Creation
  5. Asset Operation
  6. Asset Maintenance
  7. Asset Disposal

3. Asset Information

  1. Asset Information Strategy
  2. Asset Information Management
  3. Asset Data Standards
  4. Asset Information Systems

4. Organisation & People

  1. Organisational Structure
  2. Resource Management
  3. Leadership and Culture
  4. Competency Management
  5. Competence Development and Training

5. Risk & Review

  1. Risk Management Framework
  2. Risk Identification and Assessment
  3. Risk Treatment and Control
  4. Contingency Planning
  5. Performance Monitoring and Review
  6. Asset Management Audit
  7. Change Management
  8. Continual Improvement

6. Lifecycle Delivery

  1. Asset Design
  2. Construction, Installation, and Commissioning
  3. Operations, Maintenance, and Condition Monitoring
  4. Asset Performance Assessment
  5. Maintenance delivery
  6. Asset Renewal / Replacement
  7. Asset Enhancement
  8. Supplier / Contractor Management
  9. Financial and Business Management
  10. Spares Management

PCM Consulting: Your IAM-Certified Partner for Optimized Asset Performance

Our IAM certification is more than just a badge; it’s the foundation of our approach. PCM Consulting is dedicated to delivering superior asset management solutions, meticulously aligned with the IAM’s rigorous methodologies and standards. This commitment translates into:

  • Unparalleled Asset Reliability: We implement proactive processes that minimize failures, optimize costs, and enhance operational performance.
  • A Culture of Continuous Improvement: Leveraging the IAM’s comprehensive framework and its 39 subject groups, we identify and implement improvements at every stage, driving ever-increasing efficiency.
  • Sustainable Value Creation: Our holistic approach balances technical, financial, social, and environmental considerations, extending asset lifecycles and delivering positive returns for all stakeholders.

Tangible Benefits for Your Organization

  • Enhanced Credibility: IAM certification demonstrates our adherence to internationally recognized quality standards, bolstering your organization’s reputation and fostering trust.
  • Significant Cost Savings: Effective asset management mitigates waste, minimizes operational risks, and unlocks substantial cost efficiencies.
  • Increased Competitiveness: By adopting these best practices, your organization gains a competitive edge, attracting partners and clients seeking innovative, reliable, and sustainable solutions.

Partner with PCM Consulting

Our team of IAM-certified professionals specializes in tailoring the IAM framework to your organization’s unique needs. Contact us today to explore how we can elevate your asset management processes, driving efficiency, profitability, and long-term sustainability.

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