1 Function point analysis can be used to determine which environment/language/tool is more productive. 2  Function point analysis can provide a mechanism to track and monitor scope creep. 3  Function point counts at the end of each phase/stage of a project can be compared to the function points actually delivered.
You should keep most tax-related documents for a minimum of three years, but it's recommended that you keep them for seven years. If you've gone paperless, then your bank will generally store your statements for seven years, but check to see what your bank's policy is on maintaining its customers' records.
We like the Fellowes Powershred DS-2 (about $100 online) for its sharp look and munching capability. WHAT TO KEEP The most important documents to hang on to are your annual tax returns. You should keep the actual returns forever, but you can get rid of the supporting documents after three years. That's how long the IRS has to initiate an audit. Once the time elapses, toss the records -- and shred any that reveal your Social Security number or other personal information.