Lead–halide perovskite nanocrystals are an attractive class of materials since they can be easily fabricated, their optical properties can be tuned all over the visible spectral range, and they possess high emission quantum yields and narrow photoluminescence linewidths. Doping perovskites with lanthanides is one of the ways to widen the spectral range of their emission, making them attractive for further applications. Herein, we summarize the recent progress in the synthesis of ytterbium-doped perovskite nanocrystals in terms of the varying synthesis parameters such as temperature, ligand molar ratio, ytterbium precursor type, and dopant content. We further consider the dependence of morphology (size and ytterbium content) and optical parameters (photoluminescence quantum yield in visible and near-infrared spectral ranges) on the synthesis parameters. The developed open-source code approximates those dependencies as multiple-parameter linear regression and allows us to estimate the value of the photoluminescence quantum yield from the parameters of the perovskite synthesis. Further use and promotion of an open-source database will expand the possibilities of the developed code to predict the synthesis protocols for doped perovskite nanocrystals.