A method, apparatus and computer program product are provided for use in a system that includes one or more processors, and multiple threads that are respectively associated with the one or more processors. One embodiment of the invention is directed to a method that includes the steps of generating one or more test cases, wherein each test case comprises a specified set of instructions in a specified order, and defining a plurality of thread hardware allocations, each corresponding to a different one of the threads. The thread hardware allocation corresponding to a given thread comprises a set of processor hardware resources that are allocated to the given thread for use in executing test cases. The method further includes executing a particular one of the test cases on a first thread hardware allocation, in order to provide a first set of test data, and thereafter executing the particular test case using a second thread hardware allocation, in order to provide a second set of test data.