For example, should an engine fail at takeoff, the Airbus ECAM will provide the necessary steps to be completed to secure the engine and put out a fire if necessary. Does a modern Boeing EICAS provide the same level of guidance or does the crew perform memory items and consult the QRH.
777 or 748: If an EICAS warning or caution is annunciated, the associated electronic checklist (ECL) will be displayed on the lower MFD. Checklists that aren't annunciated on the EICAS (eg Bomb Warning, Severe Engine Damage, etc) are also available through the ECL, but must be selected by the crew.
The ECL contains all the steps required to manage the problem and, unlike the Airbus, there is usually no need to consult the QRH or FCOM. Some items (eg switch positions) are automatically 'sensed', so that if a switch is already in the correct position, that item in the procedure will be shown as completed.
Some checklists have memory items that must be performed without reference to the ECL. After completing the memory items, the crew would use the ECL to confirm all the memory items are complete, and then complete any other items that are part of the procedure.
Frankly, the Boeing ECL is far easier to manage than the Airbus system of ECAM + QRH + OEBs + FCOM.