During which event should teams review their progress and determine their next steps?

The System Demo is an important event in the SAFe framework where teams showcase the integrated work they've completed during a Program Increment (PI). This event provides an opportunity not only to review the progress of the work but also to gather feedback from stakeholders, which is crucial for assessing whether the teams are aligned with the objectives of the program. Teams use the insights gained during the System Demo to evaluate their progress against the planned work and to make informed decisions about what steps to take next in order to improve and adjust their course moving forward.

In contrast, while the Daily Scrum focuses on immediate daily tasks and aligning team members on their day's work, it is not a comprehensive review of progress on larger goals or next steps. PI Planning is an event where future work is planned rather than reviewing past work. The Retrospective is specifically intended for teams to reflect on their processes and practices rather than evaluating the finished increment of work. Hence, the System Demo stands out as the event dedicated to reviewing progress and defining subsequent actions based on stakeholder feedback.