METHOD AND SYSTEM FOR DYNAMIC PERFORMANCE RESOURCE MANAGEMENT WITHIN A COMPUTER BASED SYSTEM

A method and system in accordance with the present invention overcomes the problem of program applications causing an overcommitment of a performance resource, while permitting full use of the performance resource by multiple concurrent applications. In such a method and system each program whose applications need access to a specific performance resource subscribe to a particular protocol to dynamically manage the available performance resource. This permits full use of the performance resource by all of the applications in the system without risk of overcommitting all the performance resource.