begin to stew and cook down. you will notice more liquid in the pot as the berries cook.
taste your strawberries. you are looking for a strong flavor. if it seems a bit bland and not full flavor, they may need to cook a bit more.
[recipe]for time efficiency - i would get the jam started first and then work on the biscuits. this way the jam can stew while you make and bake the biscuits.
the jam is going to be a little non-traditional because it calls for way less sugar than a traditional jam. it will be full flavored non-the-less. however, don't be alarmed by a more loose consistency than usual 