This document outlines the key aspects and steps of project monitoring. It defines project monitoring as the regular collection and analysis of information to track progress against objectives and targets. The main steps are: 1) collecting data on indicators, activities, resources, assumptions and impacts; 2) analyzing the data, comparing plans to actuals, and drawing conclusions; 3) making recommendations and taking corrective actions if needed, such as adjusting timelines, objectives or procedures. Effective monitoring involves tracking activities, resources, results and assumptions according to a project's logic model and work plan. It helps ensure projects stay on track and identifies any issues requiring management attention.