Construction industry is second largest contributor to India’s GDP, at the same time globalisation and urbanisation the demand for efficient, construction is generated. The demand of quality construction requires close project monitoring and continuous efforts to improvise. The solution to meet this relevant demand is to have accountability of the work done, which can be done with construction and records. Construction records and documents are the mirrors of project; it not only reflects the state of project but also boosts quality work and quality control. Irrespective of the usefulness of it, their are various causes and sources of errors in record keeping and benefits too, is also described. It will not be exaggerated to state that construction documents and record helps in sustainable project management. Based on relevant literature review and pilot survey, key differences among the construction documents and records are described at the same time, phase wise key documents and records 44 in number are stated. Thus, giving complete idea regarding documents and records and role played by them in risk mitigation.