Abstract. The article features the results of the comprehensive examination of an outstanding piece from the Mykhailo Boуchuk school, «Portrait of a Lady» from the NAFAA funds. The research was done by the Associate Professor of the Department of the Technique and Restoration of Artwork of NAFAA, Tetiana Tymchenko, Ph.D, and the Leading Researcher of the Bureau of scientific and technical expertise «ART-LAB» Svitlana Biskulova, Ph.D, in connection with the planned restoration of the artwork. Since 2018, «Portrait of a Lady» has been attributed to Mykola Kasperovych (1885–1938), an outstanding painter, restorer and researcher. The reasoning is provided in the expert conclusion of the Head of the Ukrainian Art Department of the end of 19th — beginning of the 20th century of the National Art Museum of Ukraine Olena Kashuba-Volvach. The article lists the peculiarities of the techniques, technology, condition of the artwork from the NAFAA funds. In particular, it reveals the peculiarities of the preparatory drawing, imitation of the monumental art techniques by means of the easel painting, and individual techniques of working with paints. The paper specifies the time of the portrait creation, which indicates 1923 — probably, the year of the work creation, and the age of the lady from the portrait, 30 years. The technological examination of the portrait in the Bureau of scientific and technical expertise «ART-LAB» confirmed the dating of the work to the period of the 1920s – 1930s. The article clarifies important components of the portrait technology: in particular, it has been found that the ground is chalk-glue and the paints’ medium is casein-oil tempera; among the pigments the zinc white with an admixture of lead white, yellow and red ochre, Ivory black pigment (burnt bone), mixed green pigment (burnt bone and yellow ochre) were identified. The examination revealed the traces of restoration interventions of different times. The paper features a number of considerations regarding further research of Boychukists’ creativity from the point of view of technology.