A project team member has just identified a new project risk. The risk event is determined to have significant impact but a low probability in the project. Should the risk event happen it'll cause the project to be delayed by three weeks, which will cause new risk in the project. What should the project manager do with the risk event?

A. Add the identified risk to a quality control management control chart.
B. Add the identified risk to the risk register.
C. Add the identified risk to the issues log.
D. Add the identified risk to the low-level risk watchlist.