Final answer:
Developing a project plan is not a part of monitoring and reviewing project progress; it is an initial step done before these activities.
Step-by-step explanation:
The statement that is NOT a part of monitoring and reviewing project progress is Developing a project plan. Monitoring and reviewing project progress typically involve collecting and comparing data on the current project status with the plan, identifying new tasks that may have arisen, and making necessary adjustments to ensure the project remains on track. However, the initial development of a project plan occurs before the monitoring and reviewing phase and is not considered a part of it.