As the 21st century begins the need for a new approach to corporate security management become even more apparent and required. As organization change, so must their key management functions. One of these key management functions is that of Corporate Security Management. This study was undertaken to obtain consensus on how added value is created in corporate security management programs in order to develop a conceptual framework that practitioners can used in their organizations. The Delphi Method was used to collect the opinions of experts in the field of Security Management in order to define the conceptual framework of Value Added Asset Protection (VAAP). The VAAP framework was achieved by the evaluation of the collected data and consensus of what actions create added value in Corporate Security departmental management function.
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