The document discusses strategies for reducing build time in a large Objective-C and Swift project, which initially took around 194.8 seconds. Key recommendations include tuning build settings, reducing Swift file and extension counts, optimizing slow-compiling functions, fixing warnings, and using the ccache compiler cache utility, ultimately achieving a reduced build time of approximately 68.4 seconds. The document also outlines methods for identifying and addressing slow functions, as well as links to relevant resources for further improvement.