"take stock of progress" is a correct and usable phrase in written English.
You can use it when you want to consider or assess the progress you have already made or are currently making towards a goal. For example, "At the end of each month, I take stock of progress to make sure I'm staying on track to hit my goals."
In September member states of the UN held a summit in New York City to take stock of progress toward attainment of the MDGs.
In September the member states of the UN met in summit format in New York City to take stock of progress toward attainment of the Millennium Development Goals (MDGs) and lay the foundation for further action.
In Bangkok, members will take stock of progress, but only New Zealand shows any commitment to the goals, having announced cuts in its tariffs without waiting for other members to reciprocate.
Every five years, the 189 countries that have signed the Nuclear Non-Proliferation Treaty (NPT) are invited to gather to take stock of progress towards its stated goal: eventual nuclear disarmament, as part of a hoped-for process of more general disarmament.
The 12 participating teams met in Washington, D.C., last week to take stock of progress on the challenge.
Most importantly, parties are called back to the table in 2018 to take stock of progress and submit stronger commitments.
Marisa and Claudio Finco stood in what was once the living room of their two-bedroom house on Kissam Avenue on Staten Island, taking stock of progress since Hurricane Sandy ravaged their neighborhood.
The initiatives were made at the semi-annual meeting here of energy ministers, where officials also took stock of progress in negotiations on reducing carbon emissions before a climate change summit in Copenhagen in December, as well as trends in energy prices.
Visiting boss Mark Hughes will feel reasonably content as he takes stock of progress before the break for a round of World Cup qualifiers.
"Today we will be taking stock of progress and looking at what we do next to better protect consumers and address these problems.
The workshop took stock of progress since the launch last year, did a detailed evaluation and finalized an agreed strategy for future implementation.
