One way of operating an aircraft safely is to have a briefing at a sensible period of low workload, in which the crew openly and cooperatively discuss the approach, the threats to be faced, the required performance of the aircraft, how the aircraft is to be operated and what modes/level of automation to be used, and a number of points or gates during the approach where the energy can be measured against the planned profile. These gates can then be used as decision points as to whether it is safe and sensible to continue the approach, or whether the configuration of the aircraft should be changed or extra track miles should be requested.
Ultimately, both pilots will ensure that at a bottom line, let's say 1000 agl, that if the aircraft is not on the centre line and prescribed glide path, with the speed stable and close to target and the engines at approach thrust - a go around shall be flown.
Some occupants of some aircraft flight decks may use different methods or no methods at all to achieve different outcomes.