This essentially the same method I use with a couple of small exceptions. The first few times I went this route I used an entire sheet of paper, I then decided that a half sheet of paper would be less bothersome on my workbench. I've now reduced it down to a 3 x 5 note card the stiffer paper seems to do a better job of holding the screws. One other thing I've added, if I need to walk away from the project for any length of time I put Scotch tape over the screw heads to keep them from getting lost from the paper.