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.
I would advise you to keep records and tax returns for the years that include out-of-the-ordinary transactions (sales or donations of property), and income from activities such as stock option exercises, trust income, etc., for six years after the filing date of the return.MoneyWatch) Most people hold on to their statements for financial, credit and utility accounts a few years, and when the pile gets too big, it's time for the shredder. 1  12 things to keep in a safe at home, not at a bank. 2  Keeping a safe deposit box safe. 3  How long to keep bank records.