A method and apparatus are provided for dynamically controlling a high speed wireless communication system to optimize utilization of system resources and increase system throughput. The invention operates to determine an allocation of wireless transmission resources to each user application served by the wireless system in a manner to optimize transmission resources while meeting required QoS criteria for the served user application. After all user applications have been provided a transmission resource allocation in this manner, the total transmission resources so allocated are determined and compared with a ceiling transmission resource level for the wireless system. A portion of the difference between the ceiling and currently allocated transmission resource levels is then made available, according to the invention, to the served user applications in proportion to the initial allocation provided each user application. An admission control methodology is also provided which is implemented in a cooperative relationship with the further resource allocation process of the invention.