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The technique used to track updates and resolutions related to risks, issues, and defects is problem tracking. This process involves systematically monitoring problems as they arise, assessing their impact, and documenting their resolution. Problem tracking provides a structured approach to ensure that all risks and issues are logged, assigned, and addressed in a timely manner, leading to improved decision-making and project outcomes.

By leveraging problem tracking, organizations can identify patterns or recurring issues, prioritize their resolution efforts based on severity, and maintain visibility on the status of these problems throughout the project lifecycle. This proactive approach to tracking not only enhances communication among stakeholders but also fosters accountability for resolving issues and mitigating risks effectively.

Other approaches like issue resolution, risk analysis, and change management play significant roles in the larger project management framework, but they do not specifically focus on tracking the status and developments of problems in the same organized manner as problem tracking does.