Earlier versions had dip sticks. I can't speak from experience on the new model. But if it is electronic my advice would be ...
1. Start with a picture of the odometer for your records. Depending upon how you feel this might be after a warm up drive or when the car is cold.
2. Measure the oil on the gauge. If it is low you may want to add a bit more than you take out. Add less if it is high (I don't like to run my oil at absolute full). And add what you removed if the gauge indicates just below full. Note ... Follow the Manual on oil measurement procedure. In the Porsche world of the 997 (911 from 2005 to 2012) the first generation (through 2008) required cold measurement with motor off while the second generation required warm measurement while idling at a stop.
3. Drain the oil into an empty container. If you are planning on sending off a sample for a used oil analysis grab this from the stream after a few seconds of drain.
4. Pull the filter and drain into the old oil container.
5. Replace the filter using a bit of the old oil to lubricate the o ring.
6. Install the drain plug with new crush washer (available for pennies at most auto parts shops).
7. Empty your 5 quart jug of new oil into the car.
8. Fill that 5 quart jug with the drained oil (a funnel is helpful).
9. Use your wife's measuring cup from the kitchen to measure the remaining oil. Yes, there are a lot of things that are wrong in that sentence!!!
10. Add a bit more oil as appropriate to match the drained amount, more or less.
11. Start the motor, verify oil pressure, check for leaks (badly seated o ring on the filter, for instance).
12. Check the oil level per the Owner's Manual.
The dealer may opt to stuff an oil extractor down the dip stick hole on models that have a dip stick. I picked up a vacuum extractor years ago to see how well this did. After extraction I raised the car on my lift and pulled the drain plug. Over a quart more oil drained. I feel the drain plug is the best method. But realize that not all oil will drain from all the motor nooks and crannies. You're doing more of an oil dilution than a change. My 997 claims to have a 9 quart capacity but I've never drained more than 7.5 quarts. So I don't worry about draining overnight as some do. Once you get to a drip every few seconds that works for me.
Good luck and enjoy.