The fastest and easiest way I have found is the following.
1- Remove the snowflap
2- Either put the rear bumper on a jackstand or attach a tie down strap or chain to the rear bumper and then the other end to either an eye bolt in the ceiling. We usually stud in our shop, and tie off to an engine hoist.
3-Remove the belt from the machine
4-Depending on how high you get the rear of the machine, you can sit on a bucket, milk crate or even a regular chair. Whatever is most comfortable.
5- If you are using a template, lay the template on the track and mark all of your holes. A white paint pen or track marker works well.
6- Go back and check your marks.
7-Go back and check your marks.
8- Then use a new track cutter and cut your holes. Start just to the front of your rear wheels and in back of the suspension. There is plenty of room to cut the holes and not hit anything behind the track.
9- Roll the track forward or back, so that your next set of marks in the track are at about the same location as the last set you cut. And just check to make sure you still have clearance. I have used both an electric drill and cordless. If you use a cordless, just make sure you have a spare battery in the charger. Also, if using a new cutter, it should get you through one track without sharpening.
10- Once you cut all your holes. You can add the studs.
11- Seperate all your studs, backers and nuts.
12- Put a small dab of Red Loctite on each stud.
13- Put the stud on a torx socket, on a ratchet and push it up through the hole in the track.
13- Add your backing plate and screw the nut on starting it by hand.
14- Then tighten down your nut. Again, we use a small air gun to do this. I am sure you can use a socket and another ratchet, but I am not sure what the Torque should be. We have done so many tracks now, you can just see when you are tight.
Another tip is if you have someone to hold the ratchet with the stud on it up through the hole and someone else adding the backer and tighting the nut, it goes alot faster.
15- If you are using square backing plates, I highly recommend using a backing plate indexer to make sure you backers are aligned. All you do, is put the indexer on a socket, place over the stud and backer and twist until your backing plate is square.
16- Once done, put your snowflap back on, put the belt back on and you are ready to ride.
Hope this helps.