Hi Jenny,
Also Pink, Janice, Sean, Steve and Dien. As uaual I'm late to the Party!
This is a very interesting thread so I thought I'd chime in here.

Since I started cutting at an early age and we all know bad habits are hard to change, especially when you think you know everything as a teenager and develope these techniques. I still do thing sometimes unconventially, but that's how I've done them for 40 or 50 years so just because I do them this way just means they have worked for me(or I wouldn't still be doing them) but that might not be the best way. (my disclaimer)
I always start with studying the piece trying to decide which direction the colorbar will face best. Next I try to determine where the colorbar runs and any changes in depth, brightness, colors Etc. If it's necessary to work the sides or Rub the top or any other area to expose an area to determine what the color does as a whole. I pay no attention to the other parts of the stone including the back, I haven't yet at this point determined the size or shape. After I've determined pretty much where I can obtain the best color and considering the largest yield. At this point if I have a particular area that will produce the best gem this rub will yield I study where I can possibly cut other gems from this same piece without sacrificing the original gem, also at this point I check to see if there is a possibility of a two sided stone keeping in mind the back side quite often won't be parrllel to the top if you chase another colorbar for the back or if the primary bar is thick enough to finisn also for the back.
After this study, remember I've just determined the approximate main color for the top, I "chase" the main color keeping several things in mind all at once, where the best color goes, any imperfections, sand, blanks(common opal) irregularities both good and bad. I stay just short of what I persieve to be the best color, sometimes grinding beautiful color down the drain to get to the "best" possible GEM.
As I'm shaping, cutting out "bad spots" accenting, if possible, watching the thickness and overall shape. This is the first time I seriously consider the shape of the top and the first time "START" thinking about the back.
Once I've worked out the final shape of the top, while I'm cutting, I take the top and down the sides 2 to 3 mm to a 14,000 finish, virtually complete.
Once that is done, if possible, I try to cut the rest of the stone, just mentally roughly 1/3 of the top face trying to keep a minimum of 2 to 3 mm., quite often if the colorbar is so gorgeous I'll take it down to " zero" and reset that side changing the overall shape and determine the overall shape with a minimum depth of that previous zero side trying to maintain at least 2mm. Then the finished shape has to be a graceful and pleasing shape.
I then finish the backside and any other rough areas I've exposed to 14,000, redop and refinish the top and any other surfaces I consider Gem to 50,000, giving the complete Gem at least 14,000 finish even if the bottom is left with discolorations, pits, sand, or other imperfections. If I have small imperfections in the finished face I will leave them if they're minimal and don't degrade the finished gem in the end. I photograph at maximum enlargement which magnifies these Imperfections and they are easy to see in the photos but if I've left them they are minimal and don't distract with the naked eye. If I get to the point where I could remove them without sacrificing the beauty of the finished gem then, of course, I totally remove them.
Keep in mind now I'm cutting rough that's set for decades and have already culled material with "issues" so what I'm cutting I don't have to worry if my working it is going to cause additional problems with cracking or crazing etc. to include possibly HOT DOPING 2, 3, 4 times. I very seldom have any rubs crack from heating for the dop and I dop extra hot, sometimes 2 to4 hours on the dop pot ledge. I increase the pot temp by making a dop lid out of a jar lid that I screw on a cabinet pull on the top and relieve cut one side enough to hold 12 to 15 dopsticks at a time, this also keeps the dust or anything else out of the wax pot, and I usually work 10 to 15 Gems at one time over about 1 1/2 days. This hotter dop requires me to introduce new, clean wax much more frequintly because the hotter temp scorches the wax after a while, sometimes removing and discarding dop wax every other week or so.
If I'm on a roll I can completely finish 10 Gems a day, but quite often a special gem will take me a week to finish. Each piece possess its own beauty that you are trying to discover and expose and you use whatever technique that individual gem requires. I've been known to study and manipulate all the scenarios I can think of, one special project for over 40 YEARS, others not unusual to study 1 to 2 years, good thing I've lived this long!!
Starbird