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.
When sorting through dusty file boxes or the pile of papers on your desk, itâs easy to become confused as to which records you need to keep and those you should shred. Here are some guidelines to help you determine how long to keep records: 1  Tax Records: Seven years, to be safe. 2  Pay Stubs: One year. 3  Bank Statements: One year. 4  Credit Card Statements: At least 45 days. 5  Medical Records: At least a year, but often longer. 6  Insurance Records: Keep policy information for the life of the policy plus an additional five ...