A system and method for allocating network resources are disclosed herein. In one embodiment, the system and method are configured to perform: determining a resource indication value based on a combination of at least two of a first parameter, a second, and a third parameter, the resource indication value indicative of respective identifiers of a sequence of resource blocks to be allocated to a communication node, wherein the resource indication value is determined by a predefined relationship between the combination of the at least two of the first, second, and third parameters; and transmitting the resource indication value to the communication node.