Further to FO Cokebottle's point above, where a straight ahead climb out is not possible, don't forget to brief what your plan of action shall be if the decision is made to go. By that I mean have a good plan in hand for tackling any obstacles that may require non standard circuit directions, turns in the direction of favourable (lower) terrain, the possibility that any turns may be easier into the dead engine (to minimise climb perfromance degradation), and especially at night or in IMC where obstacles and terrain are not visible, the manner in which you will stay within the circling area or runway complex, or may have to 'turn back to the aid' etc etc. Plenty of variables to think about.
And if all else fails 'fly the plane as far into the crash as possible'.