Standardization of a sodium hydroxide (NaOH) solution involves titrating it against a standard acid solution of known concentration and purity, such as potassium hydrogen phthalate (KHP). The procedure involves dissolving a weighed sample of KHP in water, adding an indicator and titrating with NaOH until the endpoint is reached. The concentration of NaOH is then calculated using the titrated volumes and mole amount of KHP. The process should be repeated and the average concentration taken for accuracy.