after automatic update jenkins fails with `InvalidBuildsDir: .../${ITEM_FULL_NAME}/builds does not resolve to an absolute path` I had a working Jenkins running as a Service on a Windows-2000 Server

I updated my Jenkins from 2.120 to 2.122  via Jenkins own update mechanism.

In the same run I updated some plugings too.

Now my Jenkins fails to (re-) start with this error:

jenkins.model.InvalidBuildsDir: /development/workspace/jenkins/${ITEM_FULL_NAME}/builds does not resolve to an absolute path
    at jenkins.model.Jenkins.checkRawBuildsDir(Jenkins.java:3060)
    at jenkins.model.Jenkins.loadConfig(Jenkins.java:3009)
Caused: java.io.IOException
    at jenkins.model.Jenkins.loadConfig(Jenkins.java:3012)
    at jenkins.model.Jenkins.access$1200(Jenkins.java:304)
    at jenkins.model.Jenkins$14.run(Jenkins.java:3104)
    at org.jvnet.hudson.reactor.TaskGraphBuilder$TaskImpl.run(TaskGraphBuilder.java:169)
    at org.jvnet.hudson.reactor.Reactor.runTask(Reactor.java:296)
    at jenkins.model.Jenkins$5.runTask(Jenkins.java:1068)
    at org.jvnet.hudson.reactor.Reactor$2.run(Reactor.java:214)
    at org.jvnet.hudson.reactor.Reactor$Node.run(Reactor.java:117)
    at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.java:1142)
    at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:617)
    at java.lang.Thread.run(Thread.java:745)
Caused: org.jvnet.hudson.reactor.ReactorException
    at org.jvnet.hudson.reactor.Reactor.execute(Reactor.java:282)
    at jenkins.InitReactorRunner.run(InitReactorRunner.java:48)
    at jenkins.model.Jenkins.executeReactor(Jenkins.java:1102)
    at jenkins.model.Jenkins.&lt;init&gt;(Jenkins.java:904)
    at hudson.model.Hudson.&lt;init&gt;(Hudson.java:85)
    at hudson.model.Hudson.&lt;init&gt;(Hudson.java:81)
    at hudson.WebAppMain$3.run(WebAppMain.java:233)
Caused: hudson.util.HudsonFailedToLoad
    at hudson.WebAppMain$3.run(WebAppMain.java:250)


I suspect that there is a problem to resolve the property ${ITEM_FULL_NAME}. 

But on the other Hand I'm missing the drive letter (D:) in the path reported too. 
The Jenkins instance is running from the same drive (D:).

What are my Options to track the Problem and fixing it?
I'm not very familiar with Jenkins on Windows, but I imagine your issue lies in the fact installing Jenkins on drives other than C:\ are more difficult to deal with. Since Jenkins is not running, you'll have to configure config.xml by hand.
Here's a post on stackoverflow.com that may help you. As they state, you'll probably need to find the Workspace Root Directory to D:\Jenkins\${ITEM_FULL_NAME}\workspace and Build Record Root Directory to D:\Jenkins\${ITEM_FULL_NAME}\builds (or whatever values are specific to your environment) in your config.xml.
The post also mentions the bubble help info that is useful:

This value may include the following variables:

${JENKINS_HOME} — Absolute path of the Jenkins home directory

${ITEM_ROOTDIR} — Absolute path of the directory where Jenkins stores the configuration and related metadata for a given job

${ITEM_FULL_NAME} — The full name of a given job, which may be slash-separated, e.g. foo/bar for the job bar in folder foo


The value should normally include ${ITEM_ROOTDIR} or ${ITEM_FULL_NAME}, otherwise different jobs will end up sharing the same workspace.