A system for processing media on a resource restricted device, the system including a memory to store data representing media assets and associated descriptors, and program instructions representing an application and a media processing system, and a processor to execute the program instructions, wherein the program instructions represent the media processing system, in response to a call from an application defining a plurality of services to be performed on an asset, determine a tiered schedule of processing operations to be performed upon the asset based on a processing budget associated therewith, and iteratively execute the processing operations on a tier-by-tier basis, unless interrupted.