Which of the following steps is involved in the Monitor and Control Project Work process?

In the Monitor and Control Project Work process, reporting and comparing actual project results against the project management plan is a fundamental activity. This step involves gathering performance data regarding the project's progress and assessing it against the planned objectives, schedules, and quality standards as outlined in the project management plan. By measuring actual performance against what was expected, project managers can identify variances, understand their causes, and make informed decisions on necessary corrective actions to keep the project on track. This continuous monitoring ensures that the project's goals are met and enables proactive management of any potential issues that may arise during project execution.

The other steps listed, while important in a project management context, do not specifically relate to the Monitor and Control Project Work process. Documenting lessons learned, for example, typically happens at the end of a project or phase rather than continuously throughout the project's execution. Identifying project stakeholders is a part of initial project planning, while creating a project charter is an early phase task that establishes the project’s foundation.