What is one method for monitoring project progress as per BABOK?

Regular status meetings and reports is a fundamental method for monitoring project progress as outlined in the BABOK. This approach facilitates ongoing communication among stakeholders and team members, ensuring that everyone is informed about the current state of the project, progress against goals, and any potential issues that need addressing. Status meetings provide a structured forum for discussing updates, challenges, and next steps, while reports offer a documented overview of performance metrics and milestones achieved.

Engaging in regular status meetings allows for real-time feedback and promotes collaboration, enabling the team to pivot quickly if project conditions change. This method aligns closely with best practices in business analysis by ensuring transparency and fostering accountability throughout the project lifecycle.