This disclosure describes, generally, methods and systems for implementing memory overcommit of virtual machines. The method includes establishing a plurality of virtual machines on a physical machine, broadcasting, from each of the plurality of virtual machines to a central scheduler, resource usage requirements, and then based at least in part on the resource usage requirements broadcasted from each of the plurality of virtual machines, determining a resource requirements schedule for each of the plurality of virtual machines. The method further includes receiving at least one resource request from at least one of the plurality of virtual machines, based on the resource requirements schedule, un-assigning resources from at least one of the plurality of virtual machines, and assigning the un-assigned resources to the at least one of the plurality of virtual machines which initiated the resource request.
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