In this paper, an investigation of the adaptability of available transient stability assessment methods to real-time operation and their real-time performance is carried out. Two approaches based on Lyapunov’s method and the equal area criterion are analyzed. The results allow to determine the runtime of each method with respect to the number of inputs. Furthermore, it allows to identify, which method is preferable in case of changes in the power system such as the integration of distributed power resources (DER). A comparison of the performance of the analyzed methods leads to the suggestion that matrix reduction and time domain simulation are the most critical operations.