Find the location of the vertical wall studs using the stud finder. Mark the location of the studs on the plaster wall with the pencil.
Screw furring strips through the plaster wall into the wall studs. Space the screws every 12 to 16 inches. Do not over-tighten the screws or the furring strips will splinter and break.
Place a foam board against at least two furring strips. If the furring strips are wider than four feet apart, you will need to install the foam boards horizontally, with the 8-foot length laying horizontally across the wall.
Place a drywall screw through the plastic washer. Drill the screw and washer through the foam board into the furring strip. Place a new screw and washer every eight inches or so.
Continue securing the foam boards in the furring strips.
Cover the seams between the foam boards with duct tape or adhesive house wrap tape.