Normally the low cost - high return projects receive priority.
Other projects have to be
analyzed, engineered and budgeted for implementation in a phased manner. Projects relating to energy cascading and process changes almost always involve high costs coupled with high returns, and may require careful scrutiny before funds can be committed. These projects are generally com-plex and may require long lead times before they can be implemented. Refer Table 3.1 for pro-ject priority guidelines.