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Lead time analysis is a basic but powerful tool for measuring an important aspect of efficiency in a grant system. Lead time analysis is used to objectively judge how much time is spent in between the relevant stages of the entire application and implementation process. Relevant in this context is a result of pre-definition: it depends on the scope and depth of the analysis. Most often, however, the subject of the assessment is either the application process, or the implementation process, or both. As a first step to starting the assessment, the relevant stages and corresponding data has to be defined (e.g. which stages are required by the analysis). The potential outputs of a lead time analysis are twofold: first, the assessment may shed light on where the bottlenecks in the process are, and what their severity is (internal assessment) and second, output figures can be compared across the institutional system or other benchmark data in order to identify which entities require more time for a certain process and what is the reason for that (e.g. capacity shortage, capability or competence issues). PROJECT SELECTION PROCESS

Application of lead time analysis as a method in EU co-funded mid-term programme evaluations in 2007–2013: the case of Bulgaria and Malta