Key Technology Asset Management Competencies

The software asset management and IT asset management practitioners of The Institute have identified key competencies necessary to become an effective asset management professional. These competencies are documented in the TAMBOK and are critical components of Institute training and professional development programming.

Institute Credential Holder are Held to High Performance Standards

Every profession is made up of practitioner competencies-skills, abilities, and experiences--that come together when applied to activities within the enterprise environment. The Institute has not only established competencies for practitioners in the IT asset management field but we have publicly published them and we hold our credentialed professionals responsible for growing those competencies in their portfolios. The credential areas covered by Institute competencies, as detailed in the Guide to the Technology Asset Management Body of Knowledge (TAMBOK) cover the following fields:

  • Software & Copyright Compliance Assurance Professional
  • Software Asset Management Professional
  • Technology Asset Management Professional
  • Technology Portfolio Management Professional

What Are the TAMBOK Competencies?

A competency is a skill or ability that you apply to a problem or need much as you apply a hammer or wrench. A key success factor for practitioners in any profession lies in knowing what tools are available and correctly applying each tool to the job at hand. The The member practitioners of The Institute have identified 14 major Core Competencies that they consider necessary to succeed in the asset management fields. We recognize that these competencies will come and go across the life cycle of enterprise asset management and we also realize that, in some cases, a Practice Area has been known to morph into a competency. The core competencies of the TAMBOK include, but are not limited to:

  • Automated Tools
  • Audit Methodologies
  • Business Process Improvement
  • Communications
  • Document Detailing & Control
  • Compliance Enforcement Industry
  • Financial Controls
  • Human & Organizational Change
  • Negotiations
  • Policies & Procedures
  • Project Processes
  • Proposal Methodologies
  • Regulatory Monitoring & Controls
  • Risk Planning

Asset Management-Related Competencies Have Depth

Each of these Core Competencies can be further sub-divided into more highly focused categories or components as the practitioner progresses through the training series.


For example: The Automated Tools Competency can be broken down into the following categories. While these categories are used by a majority of practitioners, The Institute recognizes that the list may be modified to suit the unique needs of the enterprise or scope of the specified project. The basic automated tool kit for a majority of practitioners may include,

  • Automated Configuration Discovery Tool
  • Asset Management Repository Spreadsheet or Database
  • An Effective Uninstall Tool
  • A Utilization Tracking Tool
  • An Accurate Metering Tool

The key to success does not lie in locking these competencies down into the perfect multi-purpose solution. Instead, as noted, our potential for success lies in knowing when, under what conditions, and how to apply these competencies to the work involved in managing the entire technology portfolio of goods, services, and contractual relationships.

For Additional TAMBOK Information

For additional coverage of the Core IT Asset Management Competencies please review the TAMBOK. Fully qualified Professional Members of The Institute receive a free digital TAMBOK copy with their membership packet. The Institute also publishes commentary regarding the TAMBOK on the member pages of this site.

 

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