Student performance may be monitored in a number of ways including the use of grade center color codes, Performance Dashboard, and the Retention Center.
Follow this tutorial to learn about monitoring tools: Monitoring Performance
View this video tutorial from Blackboard: Color Code the Grade Center
View this video tutorial from Blackboard: Retention Center
Additionally, Blackboard allows instructors to generate reports about student activity, as well as student grades.
Follow this tutorial to learn about reporting options: Reports