The present invention is directed to a system and method for managing allocation of a computer resource to at least one partition of a plurality of partitions of a multiple partition computer system, the system comprising: a plurality of work load managers, with one work load manager associated with each partition of the plurality of partitions, wherein each work load manager determines a resource request value for the computer resource based on at least one priority assigned to its partition associated with the computer resource; and a partition load manager that is operative to form an allocation value for each respective partition based on a respective resource request value; wherein the system apportions the computer resource among the plurality of partitions based on the allocation values.