I would also just cut strips the appropriate width, and close to the length needed leaving them squared. Sew the strips together. Mark the perimeter of the entire quilt, then stay stitch about 1/8" inside the marked line, then cut. Can't remember... can you get starch over there? If so I would also starch the yardage before I start. You are going to have to handle the whole thing gingerly until it's quilted because it will be entirely on the bias.

I like how you did a photo of EQ7. Normally if you export the quilt from the program, you won't get the top and bottom tabs. How did you do it?? Just curious. I agree with Dunster. Easiest way would just sew long strips together. I would sew them in sets of three. Good Luck.

I like the way PaperPrincess approached it. Don't do the final cut around the edge until it's all sewn together, and do be careful of those bias edges.

Maniac - she might have used the old-fashioned print screen, or the newer snipping tool. I love that snipping tool!

I would sew the two colors into 6" finished (so 6.5" unfinished) strip sets, then use a triangle ruler to cut into right triangles. As you're cutting with the triangle ruler, you'll rotate it so every other triangle has the opposite color in the corner:

[ATTACH=CONFIG]522618[/ATTACH]

Another option would be to sew your strip set as above, then take your 12.5" white strip, sew along the top and along the bottom (right sides together), then cut your triangles, unfold and press and voila, you would have 2 sets of blocks and you would arrange accordingly:

[ATTACH=CONFIG]522619[/ATTACH][ATTACH=CONFIG]522620[/ATTACH]

Eesh, I'm sorry my pictures are so huge! Not sure how to adjust!

Oh, and I just noticed RNquilter already suggested this method. :o Sorry for the giant pix and the repeat advice...

I would do blocks like Huskyquilter suggests.
I think the other way would be one gigantic bias stretch nightmare.

I would do it in strips. The only bias you'll have will be on the four sides, and as mentioned you can prevent an issue with that by stay stitching. Doing it in blocks doesn't prevent any of the bias edges if you're using the strip method to make the blocks, and it does create problems in matching points and seams.

Doing it in strips would also make an easy quilt as you go project, and the batting and backing would provide extra stability for the bias issues.

The blocks can be made super simple using the Strip Tube ruler technique. https://www.youtube.com/watch?v=u3k85E3lzfU

I too would just do it in strips. Before cutting the diagonal on each strip I would stitch just inside the cutting line to stabilize. Then as you stitch the sections together it is very easy to keep everything stable and lined up properly.