What I did was on a 440 short block with no cam or heads. I got a degree wheel (Mr. Gasket) and used a magnetic base dial indicator to set the bent-wire indicator to "0" degrees at full #1 TDC. Then I put a cam in the motor, added a valve lifter and a pushrod so I could check lobe lift and open/close/max lift events. Using the magnetic base dial indicator. Past that, it was just rolling over the motor and writing down numbers. Of course, "lobe lift" x 1.5 = valve lift".
With the heads on the motor, same basic thing. You can remove the #1 spark plug and use a "tool" to find TDC. Then install the degree wheel on the crank nose, set the indicator for TDC, and same thing. Except you'll measure the open/close/max lift events directly from the valve spring retainer. Might need to use a solid lifter rather than a hydraulic? Due to the addition of valve spring pressure?
There is a SAE spec for when to start measuring lifter movement from zero. Like .006" on intake and .008" on exhaust?
With all fo the open/close degree numbers written down, then you can basically build a "cam card" for the cam. You can also calculate the lobe centerlines and such, too.
Getting "lost in the math" can take longer than getting the numbers in the first place. An interesting way to spend a few hours in the shop, too! Actually accomplishing something rather than not, if that matters.
Some digital calipers have a strong piece of wire which can be used to measure depth, as the head measures width. Multi-functional. With the mag-base dial indicator, you'll need to zero the gauge before rolling the engine over to measure valve lift.
Enjoy!
CBODY67