What is a common method for assessing the efficiency of a project?

Reviewing start and end dates is a common method for assessing the efficiency of a project because it helps to determine whether the project was completed on time. This measure can indicate how effectively resources were allocated and used throughout the project lifecycle. The difference between the planned timeline and the actual timeline can reveal inefficiencies and potential areas for improvement in project management.

By analyzing the time taken to complete different phases of the project, project managers can identify bottlenecks or delays, thus understanding how well the project adhered to its schedule. Timeliness is a crucial aspect of project efficiency, as projects that run over schedule often incur additional costs and can impact stakeholder satisfaction.

In contrast, performing employee surveys can provide insights into team morale and engagement but does not directly measure project efficiency. Reviewing industry standards can help set benchmarks but doesn’t assess a specific project’s performance directly. Conducting market research may be useful for understanding external factors affecting a project but does not focus on the project's internal efficiency. Hence, the examination of start and end dates stands out as a clear and direct method for evaluating project efficiency.