Cutting Circles
Cutting circular openings for ceiling canisters or other electrical boxes can sometimes be quite easy. If the canister is within a couple of feet of the edge of the drywall, you can hoist the drywall into position and reach between the joists to trace the can's perimeter onto the back of the drywall panel. A drywall lift is a valuable helper in this process.
But if you can't reach the canister, you can utilize the procedure outlined here to produce professional results.
Making the jig takes a few minutes but it will last through many remodeling projects. You probably have enough material in your scrap bin to make it, so its cost is virtually nothing.
Checklist
Time
Working with a helper, about 5 minutes per ceiling canister
Tools
Tape measure, compass, jigsaw, plumb bob with nylon line, permanent marker, drywall lift (optional but recommended)
Skills
Accurate measuring, using a plumb bob
Prep
Install ceiling canisters and have wiring inspected, if necessary.
Materials
Scrap plywood and 1x2s, screw eye, ceiling canister with supplied hole template