Network Watcher is a regional service that gives you a toolbox for monitoring and diagnosing a virtual network. Each tool answers one question, and knowing which tool answers which question is the exam skill.
Topology draws the resources in a virtual network and how they are connected, which is the quickest orientation when you inherit an environment.
Connection monitor tests reachability, latency and packet loss between endpoints continuously, across Azure, on-premises and the internet, and alerts when a connection degrades. The older Connection monitor (classic) has been retired, so new monitors use the current one.
IP flow verify tells you whether a specific packet would be allowed or denied, and names the network security group rule that decided.
Next hop shows where Azure would route a packet from a given virtual machine, which is how you confirm a user-defined route is doing what you think.
Effective security rules shows the combined network security group rules on a network interface, subnet rules and interface rules together.
Packet capture records traffic on a virtual machine, with filters, and saves it to a storage account or to the machine's disk for offline analysis.
Flow logs record the traffic that passes through a virtual network, and traffic analytics turns those logs into a picture of who is talking to whom. Note that NSG flow logs are being retired on 30 September 2027 and virtual network flow logs replace them.
Exam tip: Connection troubleshoot is the one-off test and Connection monitor is the continuous one. A question that mentions ongoing monitoring or alerting on a connection means Connection monitor.
Microsoft Learn resource: What is Azure Network Watcher? (opens in a new tab)