Maintenance association awarded Sector Initiative Funding in Ontario
Mississauga, ON – The Plant Engineering and Maintenance Association of Canada (PEMAC) has been awarded a significant grant by the Ontario ministry of Training, Colleges and Universities to invest in skills development initiatives in the...
Mississauga, ON – The Plant Engineering and Maintenance Association of Canada (PEMAC) has been awarded a significant grant by the Ontario ministry of Training, Colleges and Universities to invest in skills development initiatives in the field of Physical Asset Management.
Asset management is a growing career field around the world that is attracting not only engineers and tradespeople, but also business professionals and IT professionals. It takes a holistic view of managing large-scale physical assets and seeks to break down barriers between departments so that rational long-term, risk-based, decision-making processes become entrenched in an organization. An international standard, ISO 5500x in Asset Management, is currently in development.
PEMAC intends to establish a national professional designation and has entered into a partnership with Humber College to develop the supporting certificate program as well as a course for senior managers.
Using a similar funding opportunity in 1998, PEMAC developed the Maintenance Management Professional certificate program that leads to an MMP professional designation. Since that time, the MMP program has grown consistently and is now offered at 14 teaching institutions from coast to coast in Canada, and attracts over 1,000 course enrolments per year.
The current Skills Investment Fund opportunity will allow the association to build on that success by preparing a steady supply of skilled and knowledgeable asset management professionals serving a field that demands continuous improvement to assure competitive productivity while keeping risk to people, property and the environment to a minimum.
PEMAC members are from every industry sector and focus on the development of best practices in the maintenance, reliability and management of physical assets. This includes both private and public sector businesses i.e. infrastructure, continuous process (petrochemical, refining), mining and discrete manufacturing types of industries.
In 2011, PEMAC joined the Global Forum for Maintenance and Asset Management, forming partnerships with similar associations worldwide and working together to compare existing certification schemes around maintenance and asset management, to define standards and education requirements for the emerging field of asset management and to promote well-understood practices in each respective country.