The document outlines the steps required to follow the ISO 31000:2009 risk management standard for business travel. These include communication and consultation, establishing the context, risk assessment including identification, analysis and evaluation, risk treatment, and monitoring and review. It notes that the standard must be applied fully and failure to do so could increase liability if a risk was present but not adequately addressed. It also discusses how most travel risk management fails due to a lack of proper context regarding the individual traveler, specific journey, and location being visited.
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