from the point where the enine fails, circle/glide towards your intended landing spot and aim to get the aircraft abeam that spot, in landing direction at 2000ftAGL, turn left on a Xwind leg aiming to turn on a downwind leg at 1500ftAGL, turn base 1000ftAGL, judge distance and altitude from the landing spot and decide on continuing the base when OK, turning direct towards the landing spot when low, flying a dogleg or sideslipping when high....
All altitudes are valid in zero wind conditions only.