Change requests are an output of performance report, and allow the project manager to address corrective actions and preventive actions to help the project get back in alignment with performance baselines.

Answer option B is incorrect. While performance reports are an output of the performance reporting, these reports do not specifically address the problems in the project.

Answer option A is incorrect. Updating the organizational process assets is an important activity, but it does not address the poor performance directly.

Answer option C is incorrect. Performance re-baselining is not an output of performance reporting so this choice is not valid.