The Test of English as a Foreign Language (TOEFL) was used in this study, which attempted to develop a new methodology for assessing the speededness of right-scored tests. Traditional procedures of assessing speededness have assumed that the test is scored under formula-scoring instructions; this approach is not always appropriate. In this study, the approach used capitalized on the use of item response theory in equating TOEFL. Two indices were investigated and validated against artificial data and real data. Both indices were able to identity data that contained the speed component. The application of these indices to several test forms suggested that speed did not play a significant role in TOEFL as a whole. However, the second section appeared to be affected by speed in administrations which included pretest items, resulting in a slightly shorter time allowed per item. It was recommended that the item-based index be used on an operational basis for a trial period. It was also concluded that the time limit for Section 2 be increased when new items are being pretested, or that the number of items be reduced accordingly. (GDC)