Cutting in an Electrical Box (Router Method)
Most professional drywallers cut electrical box openings with a router. You'll be pleasantly surprised how quickly you can develop a feel for the process.
Practice with the new tool before you commit to a full sheet of drywall. Temporarily screw a piece of scrap drywall over an electrical box, then cut the opening. Shift the drywall to a new position, and keep trying until you become confident of your new skills.
To control the dust, purchase a dust hood accessory for your router. Hook it to your shop vac. The fine dust can quickly choke your vac, so clean the filter often.
Checklist
Time
With even a little experience, you'll cut an electrical box opening in less than one minute.
Tools
Drywall router with piloted bit
Skills
Operating a router
Prep
Mark the location of electrical boxes on the floor; shove wiring to the back of the box.
Materials
The usual set of tools needed for hanging drywall