They are not meant to be step-by-step instructions, nor are they given in any particular order of importance.
It is important that reviewers learn how you are contributing to the research, particularly if you have a role in a larger, ongoing project.
If your research is of your own design, be sure to include how your faculty mentor helps you to make progress in your work.
What new challenges do you need to overcome to take your work to a higher level? If you are starting a whole new project and/or working with a new mentor, you may want to address the reason for the change, how the new experience will provide new opportunity for learning, and how your new mentor will contribute to that learning.
I have had the privilege to sit on several scholarship committees over the years, but lately it seems as though fewer students are actually reading the guidelines before they submit their applications.