The new Professional Certificate in Infrastructure Financial Management (ProCert IFM) equips asset and finance management professionals with capabilities to achieve required infrastructure management objectives.

Continue your professional development and build your capability to lead your organisation in providing financially sustainable service delivery from Infrastructure.

Participant benefits

This new Professional Certificate in Infrastructure Financial Management course will reference the 2020 edition of the internationally acclaimed International Infrastructure Financial Management Manual (IIFMM), the go-to publication for infrastructure finance management globally.

  • Over 6 modules you will learn global best-practice from internationally renowned experts.
  • Built for busy professionals looking to fast-track their development, delivered via a mix of online content, videos and coursework.
  • Gain the capability to work across your organisation linking asset management planning and financial management planning to achieve service objectives.

The course will reference the IPWEA International Infrastructure Financial Management Manual (IIFMM) and will be aligned with International Accounting Standards and Financial Reporting Standards (IFRS and, IS055010) thus achieving relevancy both in Australasia and Internationally.

Learn how to:

  • Adopt a stewardship approach to managing infrastructure,
  • Progress from annual budgeting to long-term financial planning,
  • Use suitable financial management reporting to inform long-term decision,
  • Apply the IPWEA NAMS+ industry tools, templates and publications.

We Spoke to course mentor, Allen Mapstone about the course context: 

Q: What are the key objectives for this new Professional Certificate?

A: The key objectives of the Professional Certificate in Infrastructure Financial Management are to establish the importance of infrastructure stewardship responsibilities and then how to meet this stewardship responsibility through the integration of asset management and financial management planning.

An essential aspect of this integration is to develop an appropriate Financial Strategy with informative measures to guide long-term decision making. These processes underly much of the content and activities within the course.

Q: Is the course going to cover accounting practices?

A: Although the course will touch on the key accounting principles associated with infrastructure, looking at the detailed accounting processes is not intended. In fact, given the specifics of the accounting requirements in different jurisdictions, it is unlikely that level of detail could be delivered successfully.

What is intended, is to develop a strong understanding of the financial strategy and long-term financial planning required to inform decision making and achieve infrastructure sustainability.

Q: Who is this course intended for?

A: The course is perfect for anyone who manages public infrastructure assets and for asset and finance management professionals who want to ensure the advice that they give decision makers points in the same direction, is reliable and consistent.

Course Details

Date & Time

Early Open: Monday, 10 May 2021

Course commences:
Monday, 17 May 2021

Starts at 9:00am

Price (ex GST)

IPWEA member: AU$2,600 | Non-member: AU$2,800

Group discounts available:
3-5 people - 15% discount
6+ people - 20% discount

Save up to $200/pp
when you register for the pro cert course as an IPWEA member

Save 50%
on IIFMM ebook when you register for the pro cert course as an IPWEA member

CPD Points
Total estimated 50 – 60 hours


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10 May 21





Everything you need to know about the upcoming course...


Module Open
North America

Module Open

Every Monday 9AM (AEST)



Early opening

May 9

May 10

Module 1 - Introduction to Infrastructure Financial Management

May 16 May 17

Module 2 - Financial Strategy and Planning

May 23 May 24

Module 3 - Linking Financial and Asset Management Planning

May 30 May 31

Module 4 - Key Accounting Principles for Infrastructure

Q&A webinar

Jun 6 Jun 7
Jun 8
(10-10:45AM AEST)

Module 5 - Financial Management Reporting

Jun 13 Jun 14

Module 6 - The Bigger Picture

Q&A webinar

Jun 20 Jun 28
Jun 29
(10-10:45AM AEST)

Final Assignment due

Jul 11 Jul 19

Extension Deadline Assignment due

Aug 2 Aug 2


T: +61 1300 416 745 (Australia)
Australia & New Zealand Enquiries:

6 modules delivered online

  • Delivered by an online platform with weekly live Q&A, how-to videos, discussion forums and assignments
  • Hands-on experience with tools and templates
  • Based on the International Infrastructure Financial Management Manual (IIFMM). During the course you will be given access to this valuable reference publication.
  • Aligns with International Accounting Standards and Financial Reporting Standards (IFRS) and  ISO 55010.

Course objectives

  • Master the key concepts of infrastructure financial management
  • Learn how to adopt a stewardship approach to managing infrastructure
  • Learn to communicate and manage the interplay between Asset Management Planning and Financial Planning

Course outputs

  • Successful completion of the course - "Professional Certificate in Infrastructure Financial Management"
  • Final assignment will be based on the development of a Long-Term Financial Plan including the use of financial sustainability indicators.

Learning outcomes

  • Explain how infrastructure financial management reporting fits into the broader picture of ongoing infrastructure service delivery.
  • Apply a stewardship approach to manage infrastructure to provide needed services in a financial sustainable manner.
  • Determine the approaches required to identify what organisations’ customers can afford.
  • Demonstrate how to derive additional benefits from long-term financial planning over annual budgeting.
  • Link asset management plans to long-term financial planning.
  • Connect the trade-off consequences to decisions between service, risk and cost in determining asset management plans and financial strategies.
  • Recognise infrastructure assets in the preparation of annual financial statements in accordance with international accounting principles.
  • Explain the critical importance of using current values for infrastructure assets in developing financial strategies.
  • Apply a consistent and appropriate approach to the performance measures used for informed decision making and reporting.

This will be an intensive but practical and rewarding course consisting of 6 Modules.

Learning by Doing

Innovation requires action. That’s why this course will help you put into practice everything that you will learn. And you won’t just learn from video lectures – you will also get to participate in an engaging and collaborative classroom environment.

Industry Expert Mentors

Your mentors fast-track student’s learning, through the sharing of their experiences and insights.
Your mentors track your progress, provide feedback and carefully assess your draft Asset Management Plan.
The Professional Certificate delivers immediate results to you and your organisation.

Online Program

This is a 100% online program, which gives you the flexibility to adapt your training to your professional and personal needs. You will be guided throughout the program by a personal learning mentor who will help you with activities.

IPWEA uses the latest in platform Cahoot. Cahoot is a highly dynamic and innovative online educational environment that delivers world class learning experiences and outcomes to participants from around the world. In collaboration with inspirational global educators and organisations across the world, Cahoot delivers truly engaging and meaningful educational experiences.


The course is targeted at those managing public infrastructure assets such as road and transport networks, water, sewer and drainage networks, parks and recreation facilities, community facilities and buildings and other community assets.

Therefore any professional with an interest in progressing their career in this rapidly evolving field, including:

  • senior management
  • asset managers
  • Finance leaders, accountants and finance staff
  • technical officers
  • administrative staff
  • community planners
  • IT staff
  • staff service providers

CPD Points

On average, each module will take approximately 2-3 hours to complete the mandatory learning activities. Additionally, you will be required to complete your final assignment. Your final assignment may take 20-30 hours to complete, depending upon the size and readiness of your asset management information.

Total estimated 50 – 60 hours (depending on available data & previous experience).

Eligible for CPD by Engineers Australia (EA) in accordance with EA Guidelines.

Upon successful completion of the program, you will be awarded an IPWEA Professional Certificate in Infrastructure Financial Management.

What qualification is awarded for the IPWEA Professional Certificate in Infrastructure Financial Management?

The IPWEA Professional Certificate in Infrastructure Financial Management is a short course which is practitioner based and focussed. A professional certificate is awarded by IPWEA upon successful completion of the course.


Candidates may cancel their enrolment at any time. Cancellations received seven (7) or more days before to commencement of the course will not incur any penalty. Cancellations received less than seven (7) days but prior to the commencement of the course will be required to pay 50% of the course fee. Cancellations received after the course has commenced will be required to pay 100% of the course fee.

Enrolment suspension and transfer

  1. Applications to suspend and transfer enrolment to the next course must be received by the course administrator before the start of Module 1.
  2. Applications for suspension and transfer received after commencement of Module 1 will incur a fee equal to 50% of the course registration fee to transfer to a future course.
  3. Candidates who have transferred enrolment to a Course must recommence on the next available course.
  4. Candidates who are granted an enrolment suspension and transfer will be provided access to all modules of the subsequent Course. Any of the work completed on the Course portal (Cahoot) during the initial enrolment will not be transferred to the subsequent Program portal.


  1. Extensions to complete work/assignments which are due will only be given in the following circumstances:
    1. Illness or injury of the candidate or his/her immediate family where the candidate is one of the primary caregivers;
    2. Death or incapacity of a family member or close relative;
    3. Absence of the candidate’s manager, where the manager must sign-off any assignment;
    4. Abnormal or unanticipated work load resulting from entity restructures or severe natural weather events such as earthquakes, storms, floods.
  2. Only one extension of time to complete work/assignment will be granted per program.
  3. Requests for extension of time due to any inability to balance competing priorities (such as leaving course work to the last minute) will not be granted. The ability to learn to balance competing objectives is a core skill to be acquired as part of successfully completing the course.
  4. Unemployment, absence, relocation, secondment, changing employer – these are special circumstances and usually result in allowing the candidate either additional time to complete, or to suspend their course with the option of re-commencing at the same stage in the next available course. Such matters are considered on a case by case basis. Application should be made in writing to the course administrators.

Assignment submissions

  1. Assignments must be the participant’s own work. We acknowledge collaboration can occur within an entity. However, submissions must be the participant’s own work.
  2. Participants must follow the format of the Asset Plan as per the course. Assignments must be consistent with the course format and templates.


Personal information will be handled in accordance with IPWEA’s privacy policy, available on IPWEA’s website.

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Receive 20% discount off IIFMM eBook (only) when you register for the course and purchase at the same time. Find out more...

*Discount pricing of $200/person is based on a member registering for the Professional Certificate.