Yes. If there is a scheduling conflict, the most recently scheduled recording will automatically be prioritized. To change the priority:
Press the HELIX button on your remote to go to the main menu.
Select Saved, then Scheduled.
Press the  arrow to access the horizontal menu at the top of the scheduled recordings.
Use the  arrow to select Series Priority.
From the list of scheduled recordings, select the ones you want to change the priority of one at a time.
Use the  and  arrows to move a content to the desired position.
When you have made the changes, select Confirm to save them.