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A. It is used to predict future status and progress. B. The project sponsor makes the most use of it. C. It is an important communications element. D. It is needed on a weekly basis.
Progress report describes what works or activities has been accomplished. forecasting reports used to predict future status and progress. So C. is the best describes progress reports are an important communication elements.
I would go with A & C. Keeping and tabs on the project status will be much more efficient when you can make the entire team aware of the progress. Moreover, a new person will find it much easier to familiarize himself with the project by using the progress reports.
A and C, to predict future status and progress and important communication element
a and c are best describing it of the four choicees
C. It is an important communications element.