Synchrophasor Measurement Units (PMUs) are devices that can not only measure but also time stamp voltage, current, frequency, among others. PMUs take these synchronized measurements as fast as 60 times per second; compared with the traditional 2-4 second SCADA measurements, PMUs bring a much clear and real-time picture of what is happening in the power system. PMUs have been increasingly deployed across transmission power grids worldwide. In the USA this is primarily done by utilities through projects sponsored mainly by SIGS and Smart Grid grants. There are different applications that synchrophasors can provide, including off-line and real-time applications. However, due to budget constraints, technology development and characteristics specific to each system, not all applications are equally suitable and essential for all electric power systems. This thesis provides a method for PMU applications prioritization based on the analysis and results of wide area disturbance events.