Few organizations are fortunate enough to be able to fund all the capital requirements they have identified. So the process of prioritization begins, generally by categorizing identified requirements into major "buckets." These categories typically include major operation and maintenance projects, including system renewal, strategies capital projects such as construction of a new facility, and mandated projects such as those involving regulatory compliance.

Some of the common criteria organization used in prioritizing requirement which they may weight based on relative importance include:

• Strategic importance
• Impact on quality of care
• Functional impact
• Urgency of requirement
• Relation to code compliance
• Accreditation or licensing requirement
• Impact on life and safety