The way I'm doing it now:
Shut isolator
Shut right valve
Switch to octopus
Open right valve
Switch to primary
Shut left valve
Open left valve
Open isolator
I've been taught to isolate first, and I like the reasoning behind it. I've seen lots of videos on Youtube that shut the right valve first. What's better and why?
Going for the right post first in a valve drill is simply one way of doing it. Some advocate it because it is simply a solid right to left systematic approach to a drill. Others advocate it because they claim that the right post will be more likely to fail since an impact with an overhead while moving forward could fracture the right post by opening it beyond the natural stopping point of the knob, whereas your left post would be rolling toward the off or closed position.
Of the three possible knobs to start a valve drill, the left post is theoretically the least preferred because it has lower risk of failure and cannot isolate the gas supply. In real-life, I've had more left post problems than right post problems.
I do valve drills going for the right post first.
1. "Attention!" Get a lifeguard
2. Test back-up regulator
3. Shut down right post
4. Switch to back-up
5. Open right post
6. Test primary then return to primary
7. Isolator closed then open
8. Shut down left post and purge back-up
9. Left post open
10. Test back-up
11. Perform a flow check: right post open, isolator open, left post open, check SPG
12. Signal lifeguard, "Okay"
Some people also signal "Attention!" while turning each knob. This looks silly, but reinforces the ability to signal your team members while being able to begin dealing with a failure simultaneously.
In a real situation, closing the offending side is your first move. Those who opt to go for the right side when they can't tell if that is the problem side are going to take a chance that they are correct. If they are wrong, the isolator is their next move with a high probability that they now know where the problem lies. Those who choose to isolate first are taking the gamble that doing so will preserve gas and that their next move will correct the problem.
Either way works and makes sense. The principle of primacy is that what we learn first we retain. I learned right post first, so I do my drills that way.
No real issues either way. How your team or buddy likes to do drills may result in changing up from time to time.