Occasionally the window is circular and sometimes an oval. In both cases a template is important. The circle rarely is exact. Take the template in the normal way and then ensure you mark the verticals and horizontals for the opening. You often can use the jointing in the woodwork to help with these. Also mark any other reference points from the opening. Finally, mark which is the outside and which the inside.
This procedure will ensure that you will be able to fit the panel into the opening.