Great exchange of ideas here - I agree, there is not a 'right way' to do it - just whatever way you enjoy to do.
My preference is similar to several others - while working on a BH mystery a few years ago and making 100's (if not 1,000+) of pieced clues - I found it best to work in sets of 10, 25, 50. Whatever time I had to devote that day determined # of sets. Organized similar to others and always starched, pressed, trimmed and stored in color order until it was time to make the quilt. For me, I felt accomplished at every milestone and motivated to continue.
At the moment, I'm slowly working on a scrappy IC and am approaching it in a similar way. I like to organize, see my progress and admire my pieced fabrics along the way
Good luck and please share your progress so we can all enjoy your HST's too!