Provided are a device and method for allocating system resources. In one example, the method includes identifying resources that are available from a plurality of devices included in a system, allocating available resources of the plurality of devices to a plurality of components operating in the system, the allocating comprising reserving a set of resources from the plurality of devices in the system for each respective component, from among the plurality of components, based on operating requirements included in the metadata of the respective component, and managing the system based on the allocated resources. By allocating resources to components executing in the system, in advance, and preventing other components from consuming those resources, the system can operate with improved stability.