My process is to first set exposure, and then I set aperture/shutter for the effect I want. So exposure is purely an exercise in EV, and the selection of shutter or aperture is purely an exercise in effect.
For example, lets say it's a Sunny 16 day. That's 14 2/3 EV. So my first step is to lock in my exposure at 14 2/3 EV (using any number of methods...metering clear blue sky, the gray card in my pocket, spot metering my palm and setting +1 EC...whatever.) Once that's locked in I allow my camera's auto modes to maintain that exposure while I manipulate the setting of interest. I want a shallow DOF, so I set A mode and open up the aperture. I want to pan subjects in motion for motion-blurred backgrounds, so I set S mode and 1/120s. At this point aperture and shutter are not controls for exposure, but controls soley for effect. And while I'm changing my desired setting, the camera is changing the setting under its control to maintain the locked exposure that I set. I simply change one control, directly to where I want it, and I'm done. In manual mode I would now have to manipulate the other control to restore the exposure.