The other thing you need to consider is the compounds you use...
There's always the temptation to use an 'all in one' pre-mixed GP Plaster, but and this is a big BUT, the pre-mix, whilst most convenient, definitely has limitations- mostly a very long drying time whenever it's applied any thicker than a skim coat.
The alternatives are the dry powder compo's. The biggest difference is drying time and secondary is sandability... and this can have a very dramatic difference to the workflow of the whole job.
I'm in Australia and we simply call drywall=plasterboard. The three most common compo's I use are Cornice Cement, Base Coat and Top Coat. Base and Top coats (for taped joints) can be bought as 30, 45 and 60 min 'open time' or 'set time'...
You can also modify these slightly with Hot or Cold gauging water or even a little orange juice in the gauging water to extend open time...
There are even more options with different compo's and obviously the weather/climate plays a part.
Once you get confident with the compo's you can push the envelope a little...
Like this...
Let's assume there are a half dozen hammerhead sized holes in the drywall- where I missed the stud and punched the hammer right through the drywall...
First up, push a golf-ball sized wad of newspaper in each hole and plug hole with cornice cement. Cut and fit ceiling cornices. Using a 'wrung out' sponge, polish patch holes and cornice 'squeeze-out'.
Using paper tape and base coat set all joints, internal and external corners, and hole patches. Set and top off nails/fixings, etc.
Have lunch. After lunch, use wrung-sponge to lightly wipe-off and polish any 'wrinkles' in base coat. Using a 300 mm taping knife apply first light coat of top coat. Do something else and last thing for the day is to lightly sponge off first top coat and apply second top coat with a 450 mm taping knife. What's missing? .... No Sanding!
Next morning.... If it's a big job I've got a WallPro Sander... But generally, if it's one room or so. I just use a hand float and a hand pad for corners and feather the edges, etc holding the vac in my spare hand.
This method is good for consistent 3-4 star finish and is ideal for painted ceilings and a low sheen acrylic on the walls...... Minimum Dust toooo...