I have a few question regarding the risk element in a case interview. I've seen many people being very “mechanical" in the risk element, so I'd like to seek your input:
1. Is risk always needed to be a bucket in the case structure? Personally I tend to analyze related factors in other buckets without having a specific risk bucket in the case structure. For example, if major risk is competitor reaction, I will embed this in my issue tree. Is this a suggested approach?
2. Is risk always needed to be a bullet point in the final recommendation? (e.g. recommendation > risk > next step)
3. What risk factors should I mention in the final recommendation? Should it be something that has already been discussed during the case (e.g. to synthesizing / recapping the risk information), or can it be something that has not been discussed during the case (e.g. to point out there is XYZ risk that needs to be looked into?)
Realistically speaking, in client presentation it is definitely weird to mention a risk that was not discussed during the project. So I'm concerned if I mention risk factors that was not discussed in the case structure or during solving the case.
Much appreciated!