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.
1 You should also keep permanent records of major financial events such as legal filings or inheritances. 2  Keep for seven years: supporting tax documentation. 3  A good rule of thumb on how long to keep documents: If a document verifies a piece of information on your tax return, you should store it for at least seven years.