Quality Center (now HP ALM) follows a sequential test management process. First you define releases and requirements, then plan test cases based on those requirements. After planning comes test execution, and finally defect tracking to log issues found during testing. Options A and C are incorrect because they list 'Run Tests' (redundant with Execute Tests) or 'Analyze Tests' (not a standard phase) instead of 'Track Defects'. Option D incorrectly places Track Defects after Analyze Tests and omits Execute Tests.