Project Archives: When all the work of the project is completed, the vendor is paid, the contract is
closed, and the records are gathered and project archives will be created. These include any project
documents completed during the project. All of the inputs to this process are included here as well as
the contract documents. Keep in mind that if projects are performed under contract, the archiving of
financial records is especially important. These records may need to be accessed if there are payment
disputes. Furthermore, this information is especially useful when estimating future projects. Projects
with large financial expenditures also require particular attention to the archiving of financial records
for the same reasons.