Two ways you can do it, and which you pick will depend on the width of the paper you’re working with, and the length of the skirt you’re drafting.
Do the above directions, for both front and back. Mark “front” and “back”, tape them together.
This works best if you’re going to be doing a dance length dress, or if your paper isn’t wide enough to accommodate whatever you are doing.
Also, this is the easier option if you’re dealing with center front and center back that are different measurements, IMHO.
If your paper is plenty wide to accommodate, you can do it all as one piece.
Start by folding the paper in half, long edge to long edge. This will be your center line, front and back. You can mark it as such - to keep track - if you like.
Then, fold the fold over itself, dividing the paper in half again. This will form your side lines. Again, feel free to mark them at this point.
As pictured below, the edge closest to the bottom of the image is folded, and the fold extending up from it is the side line:
At this point, feel free to make as many interim -m and equal - folds as you’d like. The longer the skirt seam, the more folds will be helpful (as the distance between marks gets further in between, the further out you go from the center point.)
Whatever you're folding should be in half, and if there's anything corresponding to that area that hasn't been folded in half, it should be.
The goal is to end up with equally spaced lines. If you appear to be missing any, make whatever fold needed to add it in.
Once you’ve folded as many times as you’d like, unfold til you’re back to that very first fold. Have that center line fold laid out in front of you, across your work surface.
Decide which side (out from the center point) will be the front of the skirt, and which will be the back - this is really only necessary if you have measurements that differ - and mark them as such.
Start by marking your radius measurement out from that center point, along the fold lines.
Connect them all with a smooth curved line. This is now your waistline:
From there, measure your center front measurement out towards the front side of the paper, on that part of the drawn waist line. Measure the center front back out from what will be the center back waist.
Then, measure the side measurement from the point of the waist line centered between the other two folds, out from there (ie: directly out in front of you.)
Now, if this is an actual circle of a circle skirt - ie: side, center front, and center back measurements are all the same - you can go ahead and measure that distance out from the waist line, along all the folds. Connect all the marks with a nice smooth line.
If your circle skirt has different measurements for side and center front / center back:
For the fold line that is exactly halfway between the center fold and the side line, mark a measurement that is halfway between the side and center front measurements.
So, if your side seam is 10" and your center front 15"*, this would be 12.5". Whatever number you come up with, mark that number next to the mark for the measurement, to keep track.
Then, mark other halfway points on THAT part of the skirt (between side line and the same way. The fold line halfway between that first halfway point and the side line will be the difference between those numbers - so in this case, 11.25".
The one between the drawn midpoint and the folded center would be 13.75" in this example, etc:
Each time you are finding the halfway point between numbers, make sure you’re marking that distance on the fold line that is halfway between the two lines that provided the measurements you’re averaging from.
Once you’re done filling in all the lines on the front quarter of the dress pattern (The front half of the pattern, as you see it), repeat for the back half.
Connect all the points with a smooth, curved line, then carefully cut the pattern out, through both layers of paper.