Buses, equipped with active GPS devices that continuously transmit their position, can be understood as mobile traffic sensors. Indeed, bus trajectories provide a useful data source for analyzing traffic in the bus network of a city, if the city traffic authority makes the bus trajectories available openly, timely and in a continuous way. In this context, this thesis proposes a bus GPS data-driven approach for analyzing and monitoring the bus network of a city. It combines graph algorithms, geospatial data mining techniques and statistical methods. The major contribution of this thesis is a detailed discussion of key operations and algorithms for modeling, analyzing and monitoring bus network traffic, specifically: (1) modelling, analyzing, and segmentation of the bus network; (2) mining the bus trajectory dataset to uncover traffic patterns; (3) detecting traffic anomalies, classifying them according to their severity, and estimating their impact; (4) maintaining and comparing different versions of the bus network and traffic patterns to help urban planners assess changes. Another contribution is the description of experiments conducted for the bus network of the City of Rio de Janeiro, using bus trajectories obtained from June 2014 to February 2017, which have been made available by the City Hall of Rio de Janeiro. The results obtained corroborate the usefulness of the proposed approach for analyzing and monitoring the bus network of a city, which may help traffic managers and city authorities improve traffic control and urban mobility plans.