For a rifle, I go to the range and shoot ten round groups over a chronograph. I record the velocities. If ES's or SD's are in the range of multiple hundred's, the combination is probably not so good.
I watch velocities and chicken out when I am exceeding published velocities, or my own limits. My limits are based on my experience with that bullet and cartridge.
If I get pierced primers, blown primers, I stop. I have exceeded safe limits.
I look to see if there is a trend on target. Sometimes yes, sometimes no. Sometimes there are times, that I conclude, that I would get a better group if I came back a couple of days later. Sometimes loads are all awful, sometimes with in a load development series, a mid band of loads, looks best.
I will try that load in a couple of highpower matches. If the accuracy is there and I am not blowing or piercing primers, or primers are not falling out of the pocket after a couple of reloads, then I will probably use that load.
I wish I could have found a one stop, slam/bang, solution to load development, but I have not. It takes work, and further testing.
In so far as ES and SD, out to 600 yards, what matters is what you see on paper. I do believe that tighter SD's and ES's are good at 1000 yards, but I can't hold well enough to prove the point. So it may all be in my head.
Yesterday at 600 yards, I shot a 197-8X. Two nines were due to position, not ES's or SD's. (at least one was due to a wind change) What people should work on most is sight alignment, trigger pull, and position.