The Level 5 Award in Principles of Asset Management

This qualification is designed for Water and Wastewater Field Managers, Operational Managers, Asset Managers, Department Heads, Specialist Managers, and Senior and Middle Managers with a responsibility for managing the assets of the Water Industry.

The water sector is an asset-intensive industry. This qualification is designed to support the development of the necessary skills required to ensure the efficient operation of assets.

The qualification is complimentary with the existing ProQual level 5 qualifications in Water and Wastewater engineering. There are national standards available to ensure a commonality of approach to Asset Management. This qualification will enable managers to understand their responsibilities in this discipline and lead to a more efficient industry.

Overview of the Qualification – Main Themes

Understand the regulatory and legislative framework for Asset management in which the Water Industry operates. In particular for understanding the Asset Management fundamentals.
Understand the development of Asset Management Strategies and the implications within the Water Industry.
Understand the management of risk and costs within the Water Industry.
Understand the improvement of performance and efficiency of Water Industry assets.
Understand the role of leadership in the successful implementation of Water Industry asset management plans and strategies.
Understand key practical skills and how they are applied in managing assets in the Water Industry.

Assessment

Candidates must demonstrate the level of knowledge and/or skills described in the units. Assessment is the process of measuring a candidate’s knowledge and understanding against the standards set in the qualification. Each candidate is required to produce evidence which demonstrates their achievement of all of the learning outcomes and assessment criteria for each unit.

Upon successful completion of their qualification, learners are able to progress to further learning within the suite of Water Level 5 Qualifications – i.e. completing an Award or Certificate and topping up to Foundation Degree and on to Honours Degree.

Learners may also wish to further their ongoing personal and professional development by accessing other qualifications.

Summary – Award

Level	5
Number of Credits	7
Guided Learning Hours	70
Course Duration	5 Days
Course pre-requisites	There are no formal entry requirements for this qualification. Centres should carry out an initial assessment of candidate skills and knowledge to identify any gaps and help plan the assessment.