The Capital Budgeting Prioritizer

Help me rank these competing investment projects under a limited budget.

Projects (cost, cash flows, risk, strategic fit): [PASTE OR DESCRIBE]
Total capital available: [AMOUNT]
Hurdle rate: [RATE]

Provide:
1. NPV and IRR for each project
2. Profitability index (NPV per dollar invested) for ranking under a
   budget constraint
3. The optimal set of projects given the budget
4. Where strategic value or risk should override the pure numbers
5. What I'd defer or reconsider, and why

When projects are mutually exclusive or the budget binds, tell me which
ranking rule to trust.