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.
Items like your annual tax return, however, should be filed away and kept forever â the IRS has three years to conduct an audit, but if there's a chance your income was under-reported, an audit can happen at any time. Consult the chart below to find out how long to keep each of your most important financial documents: You don't need to keep all your financial documents forever. Samantha Lee/Business Insider. And while you can safely keep most bank, tax, and investment documents on your computer or a hard drive, you should always have physical copies for these items: Birth certificates. Citizenship papers. Custody agreement. Deeds and titles. Divorce certificate. Loan/mortgage paperwork. Major debt repayment records.