This is the 271st most frequent Icelandic word.
fylgjast
"Fylgjast" means "to follow" or "to keep track."
Here, 'fylgjast með' conveys the act of observing or keeping track of something attentively.
Ég fylgist með fuglum í garðinum.
I observe birds in the garden.
In this context, 'fylgjast með' is used to mean keeping informed or staying updated on a situation.
Við ætlum að fylgjast með gangi mála.
We plan to monitor the progression of events.
Here, 'fylgjast með' implies attentively watching something to ensure oversight or care.