My suggestion for consideration is
(a) if things are going normally follow the company SOP - one presumes that the company has been responsible and reputable and done all the right things .. .doesn't guarantee the outcome but ticks all the boxes
(b) if something goes awry, generally a reputable ops manual will have something in the way of guidance for the crew. For something as straightforward as a simple engine failure .. the SOP should cover it
(c) if you find yourself in a situation of multiple significant problems (Sioux City comes to mind) you do the best you can with the information, circumstances and skills you and your crew and external resources can muster. Good reason for making sure one knows more than the basics about the aeroplane ...