FWIW in the event of engine fail here we're taught to adopt Vbg 'till closer to chosen field and then fly a standard pattern as much as possible.
Once I was past my training and was able to research and think for myself I came across the military 'circling approach' methodology for engine failure. In my view this has a lot to recommend it and may give a pilot a greater chance of achieving a landing on the site they desire. OTOH I guess there is a higher risk of stalling in the turn so YMMV.
There have been various discussions on this in the past, complete with some fairly strong views around the 'best' way to deal with a forced landing. I'm not sure that there is such a thing, and that each situation/pilot will differ, however what would be good is to be proficient with both Vbg and how to bleed of speed/height as necessary (side-slipping, s-turns, flaps if available etc).
FP.