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To estimate a big job efficiently, start by measuring the project area. Measure wall areas in square footage, trim in linear footage, and count features like doors, windows, and shutters. Use standards for wall area to determine how much work you can accomplish in one hour and how much paint is needed per gallon. Record this information in a spreadsheet (Excel or Google Sheets) to track your standards. The speaker offers a standard list with 141 items for both interior and exterior projects. After completing your measurements, you'll move on to further estimation steps.